Tax Insight

Address to the National Economic Dialogue Anne Gunnell, Director of Tax Policy & Representations, Irish Tax Institute Wednesday 26th June 2019 The Institute’s Director of Tax Policy and Representations, Anne Gunnell addressed the National Economic Dialogue and spoke on the need to develop tax policies to incentivise investment and innovation in our indigenous companies. Below is her statement: Thank you Chairman We believe the cornerstone on which our economy was built […]

The Institute recently issued a response to the public consultation recommendations on the R&D tax credit. You can read the full response here. Institute recommendations on the R&D tax credit A pre-approval process for first-time R&D tax credit claims by small/micro companies should be introduced to bring much needed certainty for taxpayers. While some of these companies, in receipt of IDA/Enterprise Ireland R&D grants, may qualify for Revenue’s simplified validation […]

Just as tax policy played a major role in attracting large multinationals to Ireland, it can be used to incentivise the step change in productivity and innovation we now need from our indigenous companies. The Institute’s Pre-Budget 2020 Submission sets out a number of proposals relating to CGT entrepreneur relief, the Employment and Investment Incentive (EII), the Key Employee Engagement Programme (KEEP) and the R&D tax credit which are needed […]

Response to the Department of Finance Public Consultation on Ireland’s Transfer Pricing Rules 2019 In October 2017, the Department of Finance launched a public consultation on the recommendations contained in the Coffey Review. The Institute responded to that consultation in January 2018, setting out our views on Mr Coffey’s recommendations regarding proposed changes to Ireland’s transfer pricing regime. The current Consultation now invites stakeholders to provide further input on the Minister […]

On Wednesday, the Institute responded to the OECD’s public consultation on Addressing the Tax Challenges of the Digitalisation of the Economy. The Institute raised a number of concerns relating to the proposals currently being discussed by members of the Inclusive Framework, regarding revised profit allocation and nexus rules under Pillar 1 and a global anti-base erosion proposal to address remaining BEPS concerns under Pillar 2. In our submission, we noted […]

Minister for Finance, Public Expenditure and Reform Paschal Donohoe T.D. delivered Budget 2019 today. In his Budget speech, the Minister confirmed his full support for the recommendations of the independent review of the operations and resources of the Tax Appeals Commission and that he would be providing additional staffing and funding to the Commission. The Institute has long campaigned for additional resources for the Tax Appeals Commission to address the […]