Institute News

On the last evening of November, O’Reilly Hall came to life for one of the most anticipated nights in the Institute’s calendar. The Conferring Ceremony had a twinkling backdrop of lights, cameras, and smiles as we welcomed 272 newly qualified CTAs and 21 Tax Technicians to membership. Marking the occasion, Tom Reynolds, Institute President, congratulated the conferees on their achievement and shared pearls of wisdom for them to remember throughout […]

The Irish Tax Institute welcomes the changes to some key business tax measures announced by the Minster for Finance, Michael McGrath in today’s Budget. Speaking today, Tom Reynolds, President of the Irish Tax Institute, said: “The Minister’s decision to increase the R&D tax credit from 25% to 30% will benefit both our domestic and multinational businesses. Small enterprises undertaking R&D will also derive significant benefit from the doubling of the […]

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exemption for foreign dividends of companies based in Ireland, but we are disappointed that the legislation will not be published until Finance Act 2024, to come into […]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 submitted its Pre-Budget 2024 Submission to the Minister for Finance, Michael McGrath T.D., on 30 June. In the submission, we highlight the changes the Government must make to the tax system to strengthen the resilience of the economy. While retaining and attracting foreign direct investment (FDI) will continue to be key part of a balanced and sustainable growth strategy, building productivity and innovation in the indigenous sector must […]

The 1st edition of Valuations for Tax Purposes brings together general principles of valuations with tax-specific provisions and guides on the particular rules which may impact on how valuations differ across the taxes. Expertly authored by Marie Flynn, PwC Private, this unique commentary is divided into three parts: Part 1: General principles of tax valuations including case law, specific commentary on valuing private companies, minority/marketability discounts, commentary on the valuation […]