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| IRISH
LAW AND TAX HEADLINES |
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Tax Increases Likely In Ireland's 'Harshest' Budget
14/10/2008 |
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Irish citizens are bracing themselves for bad news in Finance Minister Brian Lenihan's maiden budget announcement, which is likely to include a number of tax increases in order to fill a gaping hole in the government's finances.
FULL
STORY |
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Hedge Fund Waggons Form A Circle
13/10/2008
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The hedge fund industry has launched the Hedge Fund Matrix - a project which
brings together some of the world’s leading hedge fund and financial markets
bodies - to launch a user-friendly website that offers the first step towards
harmonisation between existing sound practice guidelines.
FULL
STORY
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Irish Farmers Association Calls For Tax Breaks On Renewable Energy
13/10/2008 |
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The Irish Farmers Association has this week asked the government to consider allowing them a three-year tax break in order to allow them to increase renewable energy production by installing around 6,000 wind turbines throughout the country.
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STORY |
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CCAB-I Meets With Dept Of Finance To Discuss Pre-Budget Submission
10/10/2008 |
The Consultative Committee of Accountancy Bodies – Ireland has announced this week that it has met with the country's Department of Finance in the context of its pre-Budget Submission.
FULL
STORY
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Sir Martin Votes With His Feet
09/10/2008 |
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Sir Martin Sorrell, head of advertising conglomerate WPP, who decided just
last week to move his company to Ireland to escape the UK's penal treatment
of international dividend income, chaired the inaugural meeting last Sunday
in London of the International Business Advisory Council, new Mayor Boris Johnson's
advisory group which aims to maintain London's pre-eminent position as a business
centre.
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STORY |
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EU Commissioner Meets Ireland's Finance Minister To Discuss Bank Guarantees
09/10/2008 |
The Irish Minister for Finance, Brian Lenihan (pictured), and the European Competition Commissioner, Neelie Kroes, met on October 6 in Luxembourg to discuss the Irish Government’s legislation in relation to guarantees for banks.
FULL
STORY
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Tax Increases Still A Possibility For Ireland In Next Budget
07/10/2008 |
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Speculation over the Irish government's intention to include tax increases in their 2009 budget has mounted this week after recent figures revealed a financial deficit caused by flagging tax revenues.
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STORY |
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Comhar Calls For Irish Government To Introduce A Carbon Levy
03/10/2008 |
Comhar, the Irish Sustainable Development Council, has recommended that a non-ETS sector carbon levy should be introduced immediately, in its Budget 2009 submission.
FULL
STORY
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Irish Citizens Will Support A Tax Increase To Improve Public Services
03/10/2008 |
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Over 40% of Irish citizens questioned in a recent survey admitted they would back future tax increases if they resulted in improved public services, it was announced on Wednesday.
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STORY |
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Government Announces Decision To Safeguard Irish Banking System
02/10/2008 |
In light of the recent collapse of several banking giants across the globe, the Irish government has this week announced its plans to introduce with immediate effect a guarantee arrangement to safeguard all deposits made into the Irish banking system.
FULL
STORY
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WPP May Swap Britain For Ireland To Lower Tax Bill
01/10/2008 |
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In another devastating blow for the UK's government it is expected that WPP, the second largest advertising and marketing group in the world, will this week reveal plans to relocate its headquarters to Ireland in order to lower its corporate tax bill.
FULL
STORY |
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Irish Revenue Makes EUR2m Tax Error
25/09/2008 |
The Irish Revenue has had to make a settlement of EUR2m with itself after Revenue Commissioners made the mistake of forgetting to tax the travel benefits they had given their own staff, it has emerged this week.
FULL
STORY
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EU Requests Ireland To Amend Discriminatory Tax Provisions
23/09/2008 |
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Ireland has received a formal request from the EU to amend the discriminatory treatment resulting from a tax exemption for interest on savings certificates issued by the Irish State.
FULL
STORY |
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ICAI Offers New Certificate For Directors
19/09/2008 |
The Institute of Chartered Accountants in Ireland (ICAI) has announced this week that it is offering a path through the current corporate regulatory minefield with its latest qualification, the ‘Certificate in Directors’ Duties and Responsibilities’.
FULL
STORY
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Irish Revenue Publishes Defaulters List
16/09/2008 |
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The Irish Revenue has published its Tax Defaulters List, which details audit settlements completed by Revenue in the period April 1, 2008 to June 30, 2008.
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STORY |
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Revenue Commission Signals Voluntary Disclosure Initiative Deadline
15/09/2008 |
Ireland's Revenue Commission on Friday flagged up the Monday deadline for taxpayers who failed to declare significant interest on savings and investments in 2005 and 2006 to take advantage of the voluntary disclosure initiative.
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STORY
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EU To Delay Common Corporate Tax Base Proposals
12/09/2008 |
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Proposals for a common method of calculating corporate taxes across the European Union have been put on hold while the European Commission continues to iron out the plan's finer details, Tax Commissioner Laszlo Kovacs has revealed.
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STORY |
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Regulatory Reforms Hit Record Levels, World Bank Announces
11/09/2008 |
Regulatory reforms are gaining momentum worldwide, reaching record numbers this year, according to a report entitled 'Doing Business 2009,' which is the sixth in a series of annual reports published by IFC and the World Bank.
FULL
STORY
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Irish Government Brings Forward Budget Announcement Amid Falling Revenues
09/09/2008 |
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Facing a deteriorating economic climate and falling tax revenues, the Irish government has announced that it is to bring forward the date of this year's budget announcement from December to October.
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STORY |
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Intel Tax Director Speaks On Importance Of Low Irish Corporate Taxes
08/09/2008 |
Delivering the keynote speech at the 17th Annual Tax Research Network (TRN) Conference, held at the National University of Ireland, Galway (NUI Galway), Intel's Vice-President of Finance and Enterprise and Director of Global Tax and Trade stressed the importance of tax considerations when deciding on a business location.
FULL
STORY
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