Ireland: Budget for 2014

31 October, 2013

The Minister for Finance presented the Budget to the Parliament on 15 October 2013. The most important features of the Budget are as follows: Under the 2014 Budget, the corporation tax rate remains unchanged; Reduced VAT rate of 9% on various

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Ireland announces submission of Financial Statements in iXBRL

01 August, 2013

Since November 2012, financial statements in iXBRL format have been accepted in ROS. Corporation tax and income tax filers have had the option of filing financial statements in an iXBRL format since then. iXBRL allows financial information to be

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Treaty between Ireland and Ukraine signed

29 April, 2013

Ireland and Ukraine signed a Double Tax Agreement on 19 April 2013. This DTA represents an important step in boosting trade relations between Ireland and Ukraine. The treaty will enter into force when the relevant ratification procedures have been

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Ireland: Finance Act 2013

11 April, 2013

The Irish Finance Bill 2013, which was published on 13 February 2013, was enacted on 27 March 2013 as the Finance Act 2013. Modifications have been made to the tax regime for start-up companies. These companies currently are not required to pay

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Irish Revenue announces transfer pricing compliance monitoring approach

06 December, 2012

On 6 December 2012 it was published that the Irish Revenue released guidance on 26 November 2012 setting out how they are proposing to monitor transfer pricing compliance in accordance with Part 35A of the Taxes Consolidation Act 1997 The guidance

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A new DTA between Ireland and Germany

30 November, 2012

According to the Irish Revenue Commission, a new double taxation agreement (DTA) to replace Ireland's existing DTA with Germany entered into force on November 28, 2012, and will be effective from January 1,

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Ukraine’s Cabinet approves the signing of a DTA with Ireland

22 August, 2012

On August 15, 2012, Ukraine's Cabinet approved the signing of a double taxation agreement (DTA) between Ukraine and

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Ireland Unveils New Tax Incentives

17 February, 2012

On 17 February 2012 it was reported that tax reform features heavily in Ireland's new Action Plan for Jobs, a package designed to boost job creation and establish Ireland as the best small country in which to do business. Reforms include the

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Ireland: VAT rate raise from 21% to 23%

07 December, 2011

The government of Ireland announce an increase of its standard VAT rate from 21% to 23% from January 2012. This increase is an acceleration of plans to raise the VAT rate to 23% by 2014. The government’s main target is to reduce the GDP deficit

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