Tax Insight
Find the Irish Tax Institute’s latest submissions, consultations, publications and commentary on tax administration and policy.
Institute responds to the OECD’s consultation on the Digitalisation of the Economy
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 […]
Irish Tax Institute comments on Budget 2019
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 […]
Institute published Pre-Budget 2019 tax briefing papers
The Institute launched its Pre-Budget 2019 Briefing Papers this week. The report highlighted several key facts and figures, including: Taxpayers across all salary levels are paying more tax now than a decade ago. The big driver of this increasing level of progressivity between 2012 and 2018 is the USC. The International Tax Tables 2018 in association with KPMG demonstrate how as income levels rise, taxpayers in Ireland move quickly up […]
Institute makes Pre-Budget 2019 Submission
Last Friday, the Institute delivered its Pre-Budget 2019 submission to the Minister for Finance and Public Expenditure and Reform, Paschal Donohoe T.D. The submission primarily focuses on issues impacting the indigenous sector and sets out a number of tax policy proposals relating to entrepreneurial measures, the KEEP share scheme and the R&D tax credit. We also included recommendations on the Finance Bill process, the tax appeals process and on administrative […]
Minister delivers closing speech at the National Economic Dialogue on the framework for Budget 2019
Minister for Finance and Public Expenditure and Reform, Paschal Donohoe T.D. delivered the closing speech at the National Economic Dialogue yesterday, where he set out the framework for Budget 2019. Minister Donohoe outlined six themes which will inform Budgetary choices. These are: How to continue to rebalance the economy towards changes that need to be made in the indigenous and domestic sector and how to respond to the very demanding […]
Institute makes submissions on LPT, Agri-tax, EII and SURE, and the Pre-Finance Bill
The Institute recently responded to three important public consultations. Firstly, in our submission to the consultation by the Department of Finance on Review of Local Property Tax (LPT), we recommended that the valuation date, exemptions and reliefs under the LPT regime should be regularly reviewed to ensure that the property tax continues to provide a stable and sustainable yield in the medium and long-term and that LPT should be deductible […]