The Irish budget for 1999/2000 has promised tax cuts across the board as the government deals with excess revenue provided by the country’s sustained economic boom. The proposals include a cut in the corporate income tax rate of four percentage points to 28%. There are also benefits for personal taxpayers in the form of changes to income tax bands and increased allowances.
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While successful pillar two implementation will require collaboration across all units, a combination of internal and external tax advice is at the centre of the effort