Tax Insight
Find the Irish Tax Institute’s latest submissions, consultations, publications and commentary on tax administration and policy.
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 […]
Institute addresses Oireachtas Committee on taxing the digital economy
Yesterday, the Institute appeared in front of the Oireachtas Joint Committee on Finance, Public Expenditure and Reform, and Taoiseach to discuss the European Commission’s proposals on taxing the digital economy. Communications Director, Olivia Buckley stated that the breadth and pace of digitalisation in the world is such that the world’s largest bodies including the IMF, the OECD, the EU and the World Economic Forum are dedicated to understanding its impact […]
Institute responds to the “Consultation on Coffey Review”
Yesterday, the Institute made a detailed submission to the Department of Finance on the recommendations contained in Mr Seamus Coffey’s Review of the Irish Corporation Tax Code. Since Mr Coffey’s Review was published last September, we have been considering his report and working with our Policy Committee, and members in both practice and industry to formulate our response to the consultation. Given the importance of all the anticipated changes to […]