Tax Insight

Find the Irish Tax Institute’s latest submissions, consultations, publications and commentary on tax administration and policy.

Pre-Budget 2022 Submission

Over the last 18 months, the innovative measures and schemes put in place by the Government to support businesses affected by the public health restrictions have allowed many businesses to survive, in particular SMEs and the entertainment, hospitality, and retail sectors. In our Pre-Budget 2022 Submission, delivered to the Minister for Finance, Paschal Donohoe T.D and Minister for Public Expenditure and Reform, Michael McGrath T.D. on 22 July, we concentrated […]

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Tax Talk Episode 5: The Employment Investment Incentive Scheme

As preparations for Budget 2022 get underway and the Department of Finance reviews the Employment Investment Incentive Scheme (EIIS), our latest episode of Tax Talk examines the operation of the Scheme and how it might be made more effective in providing early-stage and small businesses with the funding they need to grow their business or to restructure and invest in their recovery. Our host, Samantha McCaughren, was joined by Nick […]

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Tax Talk Episode 4: Taxpayers’ Rights

The protection of taxpayers’ rights is central to the purpose of the Institute – the need to ensure an appropriate balance between their rights and obligations has long been a focus of our deliberations. Two years ago, the Institute set up a Working Group to examine how this might best be achieved. Given our work on this issue, we warmly welcomed the recently launched European Commission initiative on Taxpayers’ Rights, […]

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Response to the Feedback Statement on ATAD Interest Limitation Rule

On Monday 8 March, the Institute responded to the Department of Finance’s Feedback Statement on the implementation of the final measure of the Anti-Tax Avoidance Directive (ATAD), Article 4 Interest Limitation Rule (ILR). The ILR, which will introduce a fixed based ratio rule to limit a company’s allowable tax deduction for net interest cost in a tax period to 30% EBIDTA, will be transposed into Irish law in Finance Bill […]

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Institute’s response to the public consultation on EII

On 12 February, the Institute responded to the Department of Finance’s public consultation on the Employment Investment Incentive (EII). The EII scheme is a vital source of finance for early stage and small businesses. Rather than solely relying on Government to inject cash into the economy, the EII could be used, by the private sector, to support the return to business following the Covid‐19 pandemic and to boost the creation […]

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Tax Talk Episode 3: Global Tax Reform

In Episode 3 of our podcast series, Tax Talk, our host Samantha McCaughren chairs a timely discussion on the current state of play in the Global Tax Reform programme. With the arrival of the Biden administration at the Whitehouse, what are the chances of an agreement by July 2021 on the OECD’s principles for a new international system of corporate tax? Pascal Saint-Amans, Director of Tax Policy and Administration at […]

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