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Ireland Archive

  • December 2016

    ECJ's ruling on Spanish state aid case offers clues to Apple

    December 22, 2016

    The European Court of Justice (ECJ) ruling on Spanish tax incentives for multinationals may prove crucial to Apple’s €13 billion ($14.8 billion) tax battle over illegal state aid.

  • The Brockman brief: Tax policy: The time to speak is now

    December 15, 2016

    Many interested parties are voicing their opinions on the evolving international tax policies that have emerged since the OECD’s BEPS Project was launched, but the voice of corporations is missing from the discussions. Keith Brockman highlights the need for reasoned opinions that go beyond casual conversations.

  • EU CCCTB: The potential successes and challenges

    December 15, 2016

    The European Commission re-launched its proposal to introduce a common consolidated corporate tax base (CCCTB) on October 25 2016, with the aim of creating a level playing field for multinationals in Europe and creating a simple and pro-business tax environment. Sandy Bhogal, head of tax in London, and Kitty Swanson, associate, of law firm Mayer Brown give their opinion on the plan and whether this attempt may succeed.

  • Turning tax policy into reality – Global tax transparency goes live

    December 15, 2016

    Tax transparency is a cornerstone of the global tax agenda and it is now at a critical moment as the universal policy consensus moves to global implementation. Achim Pross, Philip Kerfs, Paul Hondius of the OECD and Radhanath Housden of the Global Forum take stock of the progress made so far on offshore tax evasion, country-by-country reporting (CbCR) and the exchange of information on tax rulings and provide insights into the steps ahead.

  • Brexit – signed, sealed, and delivered?

    December 15, 2016

    When it comes to Brexit, the answers to whether the UK’s departure from the EU is signed, sealed, and delivered are no, no and most definitely not – but that doesn’t mean that businesses are sitting back and waiting for direction. Tim Sarson, tax partner, and Sarah Beeraje, senior manager of international tax, of KPMG UK discuss how businesses have reacted to the UK’s vote to leave the EU.

  • Can free internet services trigger EU-VAT?

    December 06, 2016

    Providers of free e-services may face EU VAT liabilities if they obtain data from the user in return. Even though such an approach has not (yet) found its way into VAT law, Hans-Martin Grambeck explains how it can be derived from developments in other areas of EU law.

  • Last chance to register: Free global transfer pricing webinar on managing BEPS Action 13

    December 05, 2016

    Only a few days remain to join a panel of transfer pricing experts on December 8, as they share invaluable insights and takeaways on how to manage the challenges arising from BEPS Action 13.

  • UK government shaky on Brexit, but HMRC well-organised

    December 01, 2016

    Leaks and murmurs are providing the best insight into how the UK government is planning to approach Brexit, but company tax departments can at least be thankful that the revenue authority, HMRC, appears to be well prepared for leaving the EU.

  • November 2016

    EU Parliament votes in favour of VAT action plan

    November 29, 2016

    The European Parliament has backed the European Commission’s (EC’s) VAT action plan to tackle the annual cross-border VAT fraud of €50 billion ($53 billion) and harmonise VAT rules across the EU member states.

  • Hungary to introduce EU’s lowest corporate tax rate

    November 18, 2016

    In a development that could bolster increased foreign investment into Hungary, the government has announced a cut to its standard corporate levy that will make it Europe’s lowest corporate tax rate.

  • Advisers targeted in EU’s next tax plan

    November 15, 2016

    The European Commission is planning to take action against advisers and intermediaries who facilitate tax evasion or avoidance, as it launches a consultation on the rules it should introduce.

  • Ireland formally appeals EC decision in Apple

    November 09, 2016

    Ireland has submitted a formal appeal against the decision by the European Commission’s (EC’s) decision in Apple.

  • World Tax guide to the best tax advisers launched

    November 03, 2016

    World Tax 2017, International Tax Review's guide to the leading tax advisory practices around the world, including law and accountancy firms, is live and free to view now.

  • Modernising MAP – BEPS Action 14 to improve dispute resolution

    November 02, 2016

    Following approval by all members of the BEPS inclusive framework, the OECD has publicly released the substance and process for the peer review of BEPS Action 14.

  • October 2016

    Investors and BEPS: A precarious balance

    October 26, 2016

    The OECD BEPS Actions will result in a higher effective tax rate (ETR) and cash tax liability for most multinationals, whereas investors will continue to strive for lower ETRs and cash tax liabilities in the companies they consider for investment. Keith Brockman looks at where the balance should be in this equation, and who should be the master negotiator.

  • E-commerce: The global shift in taxation

    October 26, 2016

    Distance-selling regimes that impose a sales tax on digital goods and services are spreading across the globe. Joe Stanley-Smith looks at how these changes are being shepherded by the OECD.

  • Build, buy or outsource: Withholding tax reclamation

    October 26, 2016

    Some investors and advisers still believe that the global withholding tax reclamation process is so complex and labour-intensive that it outweighs the advantages, but this is simply not true. Bill Salva, global business development manager at Goal Group looks at the options for reclaiming withholding tax.

  • Ireland: Ireland updates its international tax strategy

    October 26, 2016

    Ireland's annual budget statement was announced by the Minister of Finance on October 11 2016. The minister confirmed Ireland's commitment to the 12.5% corporation tax rate (a statement which has become a staple in recent budgets) and also confirmed that "nobody is asking for it to be changed".

  • Ireland’s 2016 Finance Bill: Impact on real estate transactions

    October 24, 2016

    Ireland’s ongoing process of budget reform has ensured the timely publishing of the Finance Bill 2016 (the bill), which includes noteworthy tax developments for international investors in real estate transactions.

  • Build, buy or outsource: Managing withholding tax reclamation

    October 19, 2016

    Some investors and advisers still believe that the global withholding tax reclamation process is so complex and labour-intensive that it outweighs the advantages, but this is simply not true. Bill Salva, global business development manager at Goal Group looks at the options for reclaiming withholding tax.

  • European Commission state aid investigations: A timeline of events

    October 17, 2016

    International Tax Review looks at the European Commission's latest developments and where it all started for some of the biggest investigations on tax rulings between EU member states and MNES.

  • Ireland’s corporate tax code can only get better, says finance minister

    October 14, 2016

    Irish Finance Minister Michael Noonan has promised that the country’s corporate tax system will remain reliable over the coming year, attracting more foreign investment, but some changes will be made.

  • CFE General Assembly elects new president

    October 04, 2016

    The Confédération Fiscale Européenne (CFE) General Assembly has elected Piergiorgio Valente as its president for a two-year term starting on January 1 2017.

  • Public audit scorecards: Why not?

    October 03, 2016

    With tax authorities being granted more and more company data as transparency measures start to hit, Keith Brockman looks at how companies could scrutinise them.

  • Multinationals and the EC engulfed in state aid disputes

    October 03, 2016

    The European Commission’s long-awaited state aid decision on tax rulings issued by Ireland to US-multinational Apple has created a political typhoon. It has invited an unprecedented response from all involved parties, with some hailing the decision as a victory and others criticising the tax charge as excessive or even unwarranted. Anjana Haines and Amelia Schwanke report on the recent developments.

  • Apple Q&A: Kennedy condemns Commmision’s decision

    October 03, 2016

    The result of the European Commission’s investigation into Apple’s tax affairs has ruffled feathers on both sides of the Atlantic. Caroline Byrne sits down with Joe Kennedy to get a US perspective.

  • The driving force of Margrethe Vestager

    October 03, 2016

    Margrethe Vestager is known for taking items out of her friends’ shopping baskets if she feels they are making the wrong decision. The EU Competition Commissioner is not short of opinions when it comes to the world’s most powerful companies either – routinely provoking disagreements with major corporations since becoming commissioner in 2014. Lena Angvik takes a look at the lady behind the state aid investigations.

  • September 2016

    Ireland: An attractive location for investment

    September 29, 2016

  • Ireland

    September 29, 2016

  • Ireland

    September 28, 2016

  • Troubled waters – global transparency and controversy in uncertain times

    September 27, 2016

    David Swenson, global leader of PwC's tax controversy and dispute resolution network, looks at how the OECD's BEPS project is changing the tax controversy and disputes landscape and the potential pitfalls that may emerge as certain jurisdictions do not commit to the multilateral initiatives.

  • Draft guidance on Northern Ireland’s corporate tax regime published

    September 26, 2016

    The UK’s tax authority has published draft guidance on Northern Ireland’s corporate tax regime, outlining how Northern Irish corporate tax legislation will affect businesses when the jurisdiction gains powers to set its own low corporate tax rate and compete with the Republic of Ireland.

  • EU Parliament backs Commission’s state aid verdict against Apple

    September 16, 2016

    The battle lines have been drawn between the EU authorities and Ireland and Apple after members of the European Parliament criticised the US multinational for paying very little tax in Ireland for its European operations.

  • IKEA could be Vestager’s next tax target

    September 15, 2016

    Swedish multinational IKEA is on EU Competition Commissioner Margrethe Vestager’s radar as she looks for her next target following the state aid decision against Apple and Ireland.

  • VAT grouping conference opens in Dublin

    September 13, 2016

    In-house tax advisers and EU policymakers are in Dublin this week to discuss the future of VAT grouping.

  • Proposed changes to Ireland's Section 110 regime

    September 08, 2016

    Obtaining a tax deduction on profits arising from Irish loan portfolios will get much harder for foreign investors under proposals unveiled by the government. A potential 25% tax could be charged on future profits related to financial assets.

  • UK stuns with support for Bill requiring public country-by-country reporting

    September 06, 2016

    In a surprising volte face, Britain is considering becoming the first country in the world to force companies to publicly reveal how much tax they pay and where they earn the money. The about-face comes after the UK defeated a similar amendment amidst Brexit fears.

  • Apple state aid decision: What is the precedent, if any?

    September 05, 2016

    The head of tax at Mason Hayes Curran, John Gulliver, considers the key factors tax directors need to consider following the European Commission’s state aid decision against Apple and Ireland.

  • Ireland has a €13 billion headache, plus interest

    September 05, 2016

    Irish politicians have a €13 billion ($14.5 billion) decision to make on Wednesday. Should they appeal the EC's order to collect Apple’s back taxes or take the money and run? The windfall is enough to cover Ireland’s entire health care budget, or pay for more than 30,000 new homes, or buy 2.6 billion pints of Guinness.

  • Multinationals under fire: Who will be the European Commission's next target?

    September 02, 2016

    Company tax directors are questioning whether the European Commission acted beyond its powers in fining Apple €13 billion ($14.5 billion) for accepting “illegal” state aid - and they are wondering whether they may be next in line.

  • US pushes for Apple tax ruling to be on G20 agenda in China

    September 02, 2016

    The US wants corporate tax avoidance on the agenda at the G20 summit in China following a European Commission ruling that orders Ireland to collect $14.5 billion in back taxes from Apple.

  • New York TP Forum tackles key transfer pricing issues

    September 01, 2016

    Multinationals are struggling to comply with BEPS, country-by-country reporting, and issues surrounding their reputations in light of the European Commission’s $14.5 billion ruling against Apple.

  • August 2016

    Apple, Ireland to appeal EC ruling involving billions in ‘illegal’ tax benefits

    August 30, 2016

    Apple paid 1% or less in corporate tax dating back to 2003 in an Irish deal ruled illegal by the European Commission (EC). Rather than collect back taxes however, Ireland plans to appeal as a growing number of countries battle what they view as an overly-aggressive Commission.

  • Ireland

    August 25, 2016

  • Uber tax: US, Australia, and Taiwan chase new app taxes

    August 24, 2016

    Tax authorities from the US to Australia and Taiwan are circling digital service providers Uber, Airbnb and other cash-rich app disrupters in a crusade to impose higher taxes and find cutting-edge ways to subsidise the old economy.

  • BEPS and tax illiteracy: did it just happen?

    August 23, 2016

    Efforts to tackle base erosion and profit shifting has led to wider interpretations of tax terminology. Keith Brockman considers the loss of tax literacy in the post-BEPS era.

  • Apple CEO: 'We’re not a tax dodger'

    August 23, 2016

    Apple CEO Tim Cook sat down with the Washington Post to mark his five years as CEO and discuss the multinational’s tax strategy.

  • Google’s tax woes across the EU

    August 23, 2016

    Google is becoming the showcase firm for European countries trying to convince the public that it is taking action against multinational tax avoidance, but is it all for nothing?

  • UK expedites EU corporate tax race to the bottom

    August 23, 2016

    Businesses must assess their next moves after the UK’s Brexit vote triggered plans in the UK to cut the corporation tax rate, which may have started a race to the bottom on rates among European countries.

  • Blockchain and tax: What businesses need to know

    August 23, 2016

    Tax authorities could use blockchain, the technology most well-known for its use in bitcoin, to clamp down on tax evasion – particularly in the area of VAT.

  • Pokémon GO could get caught in a tax bubble

    August 23, 2016

    Mobile app sensation Pokémon GO has once again raised the debate on taxing digital services and in-app purchases. Joe Stanley-Smith and Amelia Schwanke compile a veritable Poké-montage of the best tax insights into the wildly popular app and the tax rules surrounding the growing market.

  • Tax technology: A brave new world

    August 23, 2016

    Tax authorities worldwide are increasingly relying on digital technologies to gather and analyse tax data, and implement intelligent systems that provide real-time tax collections and assessments. Moreover, tax data sharing among tax authorities, which will become an automated process from 2017, will help tax authorities complete more audits and investigations, creating a world where there will be nowhere to hide from the tax man. Amelia Schwanke investigates how authorities and taxpayers are adjusting to digital tools and systems and what the future holds.

  • Will EU SAF-T reporting be the death of VAT returns?

    August 11, 2016

    Richard Asquith, vice president of global indirect tax at Avalara, provides an analysis of the revolutionary standard audit files for tax (SAF-T) filing requirements that are sweeping across Europe.

  • Brexit survey: Are multinationals ready?

    August 10, 2016

    Brexit could cost the UK as much as £70 billion ($91 billion) a year if Britain walks away from membership in the EU single market, according to the latest estimates. So how are companies preparing? Take the ITR and KPMG survey and we'll provide a summary of respondents' answers.

  • Ireland clarifies VAT exemption for fund management

    August 02, 2016

    Companies receive clarity on the Irish VAT treatment for the management of special investment funds following the ECJ judgment in GfBk.

  • July 2016

    EU harmonises VAT rules on vouchers

    July 26, 2016

    The European Union Council has adopted the Voucher Directive, which is aimed at clarifying and harmonising the relevant VAT rules.

  • Survey: Brexit readiness barometer

    July 19, 2016

    Brexit has bolstered uncertainty in the tax system and while the UK’s relationship with the EU is evolving, understanding and planning for your business’s next steps during this ambiguity is vital.

  • US Treasury Secretary in Brussels as Apple State aid ruling looms

    July 13, 2016

    The European Commission's anti-trust chief Margrethe Vestager is meeting with US Treasury Secretary Jack Lew today in Brussels as investigators prepare to rule on Ireland’s tax deal with Apple.

  • ECOFIN adopts rules to tackle multinational tax avoidance

    July 12, 2016

    European finance ministers have adopted proposals to crack down on aggressive tax planning by multinationals with the Anti-Tax Avoidance Directive.

  • Board accountability: A new era

    July 12, 2016

    Efforts to improve tax transparency in the post-BEPS environment have shifted the tax accountability of corporations to their boards of directors. Keith Brockman considers the implications of these changes.

  • Brexit: Navigating the tax minefield

    July 12, 2016

    The UK’s vote to leave the European Union has spurred multinationals in the UK, Europe, North America and Asia to reconsider their operations in Britain. Anjana Haines looks at the potential tax implications of a post-Brexit UK and its relationship with the EU.

  • EU VAT Action Plan: Heavier burden for businesses?

    July 12, 2016

    The European Commission’s proposed VAT Action Plan is an ambitious attempt to reform the flailing regime. Joe Stanley-Smith picks through the details to look at the impact it could have on companies.

  • Ireland: Guidance published on secondary reporting mechanism for CbC reporting

    July 12, 2016

  • BEPS is here. Now what?

    July 12, 2016

    For the second consecutive year, Thomson Reuters and TP Week sought to determine the extent to which corporations are prepared to implement the BEPS recommendations across their tax and accounting departments. Brian Peccarelli, president of the Thomson Reuters tax and accounting department outlines the key findings and corporate compliance concerns.

  • Separating intangible value by surveys

    July 12, 2016

    In the ninth in a series of articles on intangibles and finance, Philip de Homont and Alexander Voegele of NERA Frankfurt show how to handle surveys for intangibles and transfer pricing.

  • Brexit: Worldwide winners and losers

    July 12, 2016

    As the UK's relationship with the EU evolves following the vote to leave, many nations are considering how they can benefit from the UK's exit, or whether they themselves need to make changes.

  • Proposed financing regulations mean radical changes for companies in US and abroad

    July 12, 2016

    The tax aspects of internal and external financing of multi-national corporations and cross-border businesses on both sides of the Atlantic are undergoing radical change.

  • IRS sues Facebook over IP rights transferred to Ireland

    July 11, 2016

    The US Internal Revenue Service is investigating whether Facebook undervalued intellectual property rights by billions of dollars in an IP transfer to Dublin.

  • EU Parliament votes on fairer taxation measures

    July 07, 2016

    The EU is a step closer to introducing an EU-wide withholding tax on company profits leaving the bloc, as well as several new compliance and tax rules.

  • EU Anti-Avoidance Directive and Irish Holding Companies – Taxation of Dividends

    July 01, 2016

    The hastily adopted EU Anti-Avoidance Directive ("Directive") requires European Union (EU) member states to introduce or amend their existing Controlled Foreign Companies ("CFC") legislation.

  • June 2016

    UK votes to leave EU by 52%: tax uncertainty ahead

    June 24, 2016

    Tax changes could increase the compliance burden for businesses, but is it all bad news?

  • Brexit: Tax implications for Business

    June 23, 2016

    If the UK votes to leave the EU the country may be able to draft its own tax and TP legislation. But will it really be free from the restraints of EU directives or the jurisprudence of the Court of Justice of the European Union?

  • EU agrees on rules to tackle multinational tax avoidance

    June 22, 2016

    European finance ministers have finally agreed on plans to crack down on aggressive tax planning by multinationals with the proposed Anti-Tax Avoidance Directive.

  • Women in Tax leaders guide - nominate now

    June 03, 2016

    This is your chance to nominate the leading women in the tax advisory world. The submission period is now open.

  • May 2016

    European Tax Awards 2016

    May 27, 2016

    Baker & McKenzie showed the greatest strength and depth in its international tax practice throughout Europe to win the European Tax Firm of the Year award at International Tax Review’s European Tax Awards in London on May 26.

  • Tax talent: Developing a great team

    May 26, 2016

    While it may be difficult to change some of the individuals in your team, Keith Brockman believes it is possible to develop their skills in areas essential to future success, such as negotiation and leadership.

  • Irish non-resident gains tax in respect of loan sales, funds and SPVs

    May 04, 2016

    Irish tax law charges to tax gains of non-residents at 33% in respect of certain Irish situate assets including land in Ireland and unquoted shares deriving the greater part of their value from land in Ireland.

  • April 2016

    Tax authorities adapt to rise of e-commerce

    April 29, 2016

    As tax authorities around the world start to examine how e-commence sales affect their revenue from indirect tax it is important for taxpayers to know what measures are being enforced.

  • Tax function of tomorrow: Automation and digitisation

    April 27, 2016

    Picking up on where we left off in the last installment, this issue of the Brockman Brief digs deeper into the tax function of tomorrow. Not only does an effective tax function depend on building the right skill-set, it must also include developing and making use of integrated technology and forming best practices.

  • Making plans: How tax planning is changing

    April 27, 2016

  • Post-Panama reflections: Black, white and grey lists

    April 27, 2016

    Poonam Khaira Sidhu, commissioner of income tax and joint secretary at the Indian Revenue Service – who holds a Michigan LLM in international taxation with a master’s in economics – reflects on tax competition, inequality, BEPS, information exchange and black, white and grey lists in the wake of the ‘Panama Papers’ leak.

  • Ireland: New Irish tax appeals system

    April 27, 2016

  • Baker Tilly Ryan Glennon to join RSM in Ireland

    April 25, 2016

    Baker Tilly Ryan Glennon (BTRG) has joined RSM. BTRG announced that it will rebrand as RSM Ireland, from May 3 2016.

  • European Tax Awards 2016 - the shortlists are out

    April 18, 2016

    The nominees have been revealed for International Tax Review's European Tax Awards 2016.

  • EC to force companies to publish offshore data post-Panama

    April 13, 2016

    The European Commission (EC), emboldened by the public outcry at the Panama Papers leak, is refusing to back down on its plans for public country-by-country reporting (CbCR).

  • Mason Hayes & Curran hires new Of Counsel

    April 05, 2016

    Niamh Keogh has joined Mason Hayes & Curran’s tax department in Dublin, Ireland, as Of Counsel.

  • March 2016

    The Brockman brief: The (post-BEPS) tax function of tomorrow

    March 30, 2016

    The evolution of international taxation, driven by the OECD’s BEPS Actions, is eliciting new ways of thinking about the effective management of an internal tax function.

  • Q&A: Rosen Group: Talking tax in turbulent times for the oil sector

    March 30, 2016

    Carolina Graterol, global head of tax and transfer pricing at Rosen Group, discusses boardroom expectations and the evolving role of tax across the company’s other functions.

  • How patent boxes became the new normal

    March 30, 2016

    Since October 2015, authorities have been reacting to the outcome of the BEPS Project. The implementation of new legislation and adaption of existing regulations to match the new OECD guidelines has already begun to impact multinationals worldwide. The undeniable headline change has been a broad move to implement country-by-country reporting (CbCR); however the other policy that stands out from the crowd is in the area of patent boxes, as Joelle Jefferis explains.

  • FATCA and CRS: The end of an era

    March 30, 2016

    Sofia Stavridi, a Queen Mary University of London graduate now working in investment management tax services at a Big 4 firm in the UK, provides a refresher on FATCA and CRS, tracking the latest trends in global exchange of information, exploring the latest tax authority tools in this area and identifying what taxpayers can do.

  • Implementation of profit splits

    March 30, 2016

    In the seventh in a series of articles on intangibles and finance, Tom Braukmann, Philip de Homont and Alexander Voegele, NERA Frankfurt, show how to implement a profit split system.

  • EU to announce ‘VAT Action Plan’ on March 23 - preview

    March 18, 2016

    The European Union (EU) will publish is VAT Action Plan, designed to update VAT in key areas, next Wednesday, March 23 2016.

  • EC suggests ambitious anti-carousel fraud VAT measures

    March 16, 2016

    The European Commission (EC) wants to change the way VAT is collected in the EU to reduce missing trader and carousel fraud, which cost governments tens of billions of euros in lost revenue each year.

  • Analysing Facebook’s tax fiasco

    March 15, 2016

    On March 4, two of the major UK newspapers’ online sites released two different stories about Facebook relocating its sales revenue to the UK. Differing views on the company’s tax liabilities reveal that Facebook’s tax hiccup isn’t yet over.

  • The tax transactional survey 2016

    March 09, 2016

    International Tax Review analyses global M&A trends from the past year and highlights the leading firms for tax transactional advice by jurisdiction.

  • February 2016

    Tax-to-GDP ratio increasing after financial crisis hangover

    February 22, 2016

    A recent report comparing the total amount of tax contributed to European countries’ GDP has shown that tax revenue has been increasing in the EU since 2013.

  • EC moving away from OECD model on arm's-length principle

    February 08, 2016

    In its recent state aid rulings, the European Commission (EC) appears to have moved away from the OECD’s model treaty and transfer pricing guidelines.

  • Tax Accounting Leaders Guide 2016 – nominations now open

    February 02, 2016

    Who are the leading tax accounting and compliance advisers around the world? Make your nominations now.

  • The Brockman brief: Audit and risk transparency: Why it matters

    February 01, 2016

    ‘Transparency’ is the latest term of art that has emerged from the OECD’s Action Plan with respect to its base erosion and profit shifting (BEPS) initiatives. But the obvious question that has consciously been ignored in the public domain is: where are the matching transparencies regarding determination of tax risks and identification of substantive issues by tax authorities upon commencement and conduct of an audit?

  • Why international tax treaty networks are an Animal Farm

    February 01, 2016

    Fred Lo, vice president and global head of tax at Yanfeng Global Automotive Interiors, a joint venture between the automotive interiors businesses of Johnson Controls and Shanghai Motors, analyses recent tax treaty trends, focusing on mismatches in treaty terms and why some countries are more equal than others.

  • Finance centres in the age of BEPS

    February 01, 2016

    In the fifth in a series on intangibles and finance, Philip de Homont and Alexander Voegele, both of NERA Frankfurt, examine how to deal with substance requirements for finance centres.

  • Ireland – An attractive location in a post-BEPS world

    February 01, 2016

    As developments regarding the OECD’s base erosion and profit shifting project (BEPS Project) continued throughout 2015, the Irish Government continued to be proactive in setting out its tax agenda in the context of the ongoing international tax debate. To strengthen Ireland’s competitive advantage as a destination of choice for investment and to ensure that Ireland remains responsive in this rapidly changing international tax environment, a number of positive developments were announced in 2015, explains Deloitte’s Louise Kelly.

  • January 2016

    EC releases anti-tax avoidance directive

    January 29, 2016

    The European Commission (EC) has released a package of measures including a much-anticipated proposal for an anti-tax avoidance directive.

  • UK and Northern Ireland agree on fiscal framework

    January 25, 2016

    The UK and Northern Irish governments have reached an agreement on the devolution of the power to set corporate tax rates in Northern Ireland. Corporation tax will fall to 12.5% in April 2018 as a result.

  • VAT is applicable on unused airline tickets, ECJ rules

    January 11, 2016

    The European Court of Justice (ECJ) has ruled that tickets for domestic flights which are bought, but not used, are still subject to VAT. Some airlines had not been paying the charge for as long as 15 years.

  • Belgian excess profits tax scheme illegal, says Vestager

    January 11, 2016

    European Competition Commissioner Margrethe Vestager will announce that the Belgian ‘excess profits’ tax scheme is illegal in a press conference on Monday, January 13.

  • UHY Hacker Young opens new office in Northern Ireland

    January 07, 2016

    UHY Hacker Young has expanded into Northern Ireland with Fitch Chartered Accountants.

International Tax Review Profile

RT @CBItweets: UK needs a Budget that enables the country to grow its way out of austerity. Here are 5 business priorities https://t.co/CAw

Oct 19 2017 09:19 ·  reply ·  retweet ·  favourite
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This year's World Tax directory is now online. How does your firm stack up? https://t.co/CtRbW1Ub5j

Oct 19 2017 09:13 ·  reply ·  retweet ·  favourite
International Tax Review Profile

RT @AuroChardon: Let's honour the #memory of a brave #journalist and woman ➡️ vigil tomorrow, 18 Oct, 6pm, in front of Residence Palace #Da…

Oct 18 2017 04:42 ·  reply ·  retweet ·  favourite
International Tax Review Profile

Big Soda scores victory as Chicago-area tax repealed - could this be the beginning of the end of the sugar tax trend?https://t.co/PNuafWHy9K

Oct 12 2017 04:03 ·  reply ·  retweet ·  favourite
International Tax Review Profile

Ebay and Netflix pay total UK tax of less than £1.9m - How long until HMRC investigate their TP practices? https://t.co/VPPsT3aGMZ via @FT

Oct 12 2017 03:59 ·  reply ·  retweet ·  favourite
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