Time to Talk Tax Diversification Ireland has built a world-class hub for Foreign Direct Investment (FDI), attracting global giants like Apple, Pfizer, Google, Amazon, Microsoft, LinkedIn (owned by Microsoft), Intel, HP (Hewlett-Packard) and Meta in sectors like ICT, social media,…
Understanding Revenue Interventions: What You Need to Know If you’ve received a letter notifying you of a Revenue Intervention, it’s important to take immediate action. Revenue interventions are a part of the tax compliance process, and how you respond…
What is gift and inheritance tax? Inheritance Tax is a form of tax paid by the person who inherits an estate after the owner’s death. Gift tax arises where a person receives a gift with a monetary value…
VAT legislation recognises two types of agents; disclosed and undisclosed. The agent acts on behalf of another, referred to as the Principal. The Principal authorises the agent to act on his behalf and under his direction. The agent represents the…
Since the establishment of the EU single market in 1993 the VAT treatment of trade between EU and Non-EU countries is subject to different rules to intra-community and domestic trade. In the context of VAT, exports refer to goods supplied…
Converting from a Sole Trader to a Limited Company If you are a sole trader or partnership you may be thinking about setting up a company for your business. Incorporating a company for your business has its benefits and it…
For contractors or individuals coming to work in Ireland 1. Residency rules explained 2. How do residence, ordinary residence and domicile affect my tax treatment in Ireland 3. Credits and Reliefs available 4. Obtaining a Personal Public Service number (PPS…
OVERVIEW Ireland has always been a key location to own and exploit intellectual property, the government’s commitment to Irelands “smart economy” continues to provide incentives to locate and develop IP in Ireland. Ireland is host to many indigenous businesses and…
Companies that commence to carry on a trade[1] in Ireland before 31 December 2014 will be fully exempt from corporation tax on trading profits and chargeable gains on the disposal of assets used for the new trade for the first…
