The Irish Tax Institute notes the statement by the Minister for Finance, Michael McGrath T.D. on corporation tax published yesterday (Thursday, 14 September 2023). Tom Reynolds, President of the Irish Tax Institute, said: “We welcome the Minister’s commitment to legislate for a participation exemption for foreign dividends of companies based in Ireland, but we are disappointed that the legislation will not be published until Finance Act 2024, to come into […]
Tom Reynolds was inaugurated as the Institute’s 48th President at the AGM on 7 September. Tom has worked in senior tax roles in multinational manufacturing industries for the last 28 years including Kerry Group where he started his career. He is currently Vice-President of Tax, M&A and Business Structuring at Schneider Electric, a global specialist in energy management and automation. Before taking up his role as President, he spoke to […]
The Institute’s Annual Conference 2024 will take place in The Galmont Hotel, Galway on Friday 19 and Saturday 20 April 2024. Click here for a taste of last year’s conference.
In a press release today, the Government announced the latest cost-of-living package worth €1.2 billion, of which, €470 million will be allocated to social welfare measures, following approval by Cabinet. We outline below the main measures announced by the Government today. Extension to the Temporary Business Energy Support Scheme The Temporary Business Energy Support Scheme (TBESS) will be extended past its current end date of 28 February to 31 May […]