Budget 2025 announced on 1 October 2024 included a substantial "cost-of-living" package including many one-off payments, as well as outlining a framework to direct substantial tax revenues towards housing, energy, water and...more
The Irish Pillar Two rules apply to in-scope entities for accounting periods commencing on or after 31 December 2023. Following the GloBE Rules and the EU's Minimum Tax Directive, the rules introduce a minimum effective tax...more
10 October 2023 – Ireland's Budget 2024 was presented in the context of a positive economic performance for Ireland — full employment, budget surpluses, rising population and a falling national debt — against a backdrop of...more
10/11/2023
/ Business Taxes ,
Dividends ,
Incentives ,
Infrastructure ,
Interest Rates ,
Ireland ,
Mortgages ,
OECD ,
Public Finance ,
Research and Development ,
Tax Relief
Finance Act 2022 inserted two new provisions, section 83DA and section 83DB, into the Stamp Duties Consolidation Act 1999 ("SDCA "). Each section provides for the repayment of stamp duty in the context of acquisitions of...more
1.1.1 Taxes/Duties Payable Upon Execution of the Sales Agreement VAT Whether there will be any VAT payable on the sale of an aircraft is determined by its physical location at the point of sale. If the aircraft is physically...more
10/12/2022
/ Aircraft ,
Aviation Industry ,
Creditors ,
Customs ,
Debt ,
Duties ,
Enforcement ,
EU ,
Exports ,
Financial Leasing Agreements ,
Insolvency ,
Insurance Industry ,
Ireland ,
Liens ,
Liquidation ,
Purchase and Sale Agreements ,
Registration ,
Reinsurance ,
Sales Tax ,
Value-Added Tax (VAT)
Last year's Budget was presented as setting a course for a journey to a post-pandemic Ireland in 2022. Few could have expected the global economic challenges that were awaiting, including the war in Ukraine, rising inflation...more
Refunds of stamp duty paid on non-residential property which is later developed for residential purposes will no longer be available for construction projects commencing after 31 December 2022. Construction can commence by...more