Two years ago, officials warned about pension proposals allowing company owners "to avoid income tax" but the rule changes passed in the next budget. Now Revenue has sent PRSA concerns for "further examination" by the Department of Finance.
The Belfast-born magnate has been refused additional discovery orders in his long-running lawsuit against the minister for finance and former secretary general John Moran relating to his IBRC loans and contacts with the Barclay brothers.
Before an audience of investors, Minister McGrath set out his vision for the Department of Finance in 2024. His big theme: nurturing domestic companies and domestic investment.
Ireland's public finances have come to depend on a handful of companies that – judging by their share prices – look vulnerable. Market forecasters give an indication of the tax we might expect from them in 2023.
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