An ability to evolve and innovate in line with international regulatory developments and investor demand is key to the success of the Irish financial services industry. Martin Phelan and Niamh Keogh of William Fry Tax Advisors – Taxand highlight some recent tax changes and trends in their financial services practice.
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The new guidance is not meant to reflect a substantial change to UK law, but the requirement that tax advice is ‘likely to be correct’ imposes unrealistic expectations
China and a clutch of EU nations have voiced dissent after Estonia shot down the US side-by-side deal; in other news, HMRC has awarded companies contracts to help close the tax gap