The Government’s own plan is to increase budgetary reliance on windfall corporation tax receipts. Something has to give before it’s too late, its fiscal watchdog has warned.
The High Court heard a phased payment to the tax authority was missed in error and has granted firms linked to the developer time to file an affidavit detailing a proposal to address the tax debts.
The EU warns Irish State coffers depend on “a few individual companies”, as confirmed in new Exchequer figures for May.
The High Court has clarified the tax treatment of foreign withholding tax on royalties collected by an Irish subsidiary of the consulting multinational.
Tech multinationals pay a disproportionate amount of income tax, USC, and PRSI. While the spotlight has been on potential swings in corporation tax, AI-driven job cuts, too, could threaten Ireland’s budget balance.
EU Inc – a bloc-wide company registration – is touted as a way to rev up European tech start-ups. MEPs meanwhile are trying to figure out how the whole thing will be taxed.
A pre-budget visit by executives from Medtronic, Eaton, and Johnson Controls to then-minister Paschal Donohoe was just the latest in efforts to preserve the position of their Irish HQs as the transatlantic tax playing field levels.
A job-hopping lawyer accessed files and recruited lawyers at elite firms to tip traders about pending deals, prosecutors say, writes David Michaels, The Wall Street Journal.
Personal taxes set at their current levels during the financial crisis are unfair – particularly when we examine what has been done with the resulting State revenues.
A farmer has failed to overturn a seven-figure tax bill as claims 3.4 million litres of marked gas oil were used in their own farm operations were found to have no credibility by the Tax Appeals Commission.
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