Non compliance with a Brexit carve-out saw an Irish company that imports second-hand mobile phones hit with a multi-million-euro Vat liability in a case that is now going to the High Court.
The Department of Finance forecast a €3bn boost from the new 15 per cent tax on multinationals in Budget 2026. It’s now clear there will be more in a full year.
The introduction of a tax-incentivised savings and investment scheme in Ireland is a welcome step in diversifying Ireland's wealth. It will also create a new area of competition for banks, fintechs, and other financial institutions.
Revenue is carrying out a “comprehensive analysis” of PRSA payouts between 2023 and 2025 to determine the loophole's impact before it was closed off. Early evidence points to an exploited system.
In the final weeks before the 2008 financial crisis, three investors entered trades that would echo through the courts for nearly two decades – ending in a High Court ruling this month.
Two-way investment may act as a “Donald pleaser” but the core issues of tax and EU regulation are where Ireland is really promoting itself as a bridge to Europe for US business.
Quality and Qualifications Ireland incorrectly treated external assessors as self-employed contractors for tax purposes. It needed extra funding from its parent department to settle the six-figure tax bill.
The transaction reflects that Allergan Pharmaceuticals International became a major profit centre for the US pharma group in 2020, after funding intellectual property assets with intercompany debt that has now been cancelled.
The pharma giant, one of Ireland's top-three taxpayers together accounting for almost half of corporation tax payments in 2024, is accelerating its growth on the back of successful weight-loss drugs.
He started out as an accidental accountant, yet ended up leading one of Ireland’s fastest-growing professional services firms. John O’Callaghan reflects on the long journey from Sydney to Dublin, and how his Ironman mindset drives him forward.
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