The Revenue Commissioners have won 39 cases in relation to the scheme before the Tax Appeals Commission. The result is a major victory for the authority, which began raising assessments in relation to the scheme in recent years.
Italy and the US have been pursuing tax liabilities on profits Airbnb booked in Dublin. Both battles are ongoing.
What happens if the electoral parity of esteem between Fianna Fáil and Fine Gael is not there after this election?
Political parties are competing hard on how they will spend windfall corporation tax, but it is hard to see what any of them would do if it dried up.
From tariffs to oil prices and corporation tax, the ripples created by the US election have begun to make their way across the Atlantic. The Currency’s writers have been anticipating them.
US multinationals and their employees have grown into Ireland’s main source of tax revenue. Whoever gains control of Washington in Tuesday’s election will face a set of deadlines on the rules governing their transatlantic business.
The Government offers generous tax deductions for share-based pay and the cost of those schemes is spiralling. However, based on the current data, they are out of the reach of start-ups and small businesses, and are almost exclusively used by multinationals.
Sportsdirect.com Retail Limited, a British vehicle at the centre of Mike Ashley’s retail group, has initiated a judicial review case in the High Court against the Revenue Commissioners.
At 79, Wilbur Ross, dubbed ‘the King of Bankruptcy” on Wall Street, became the oldest-ever cabinet member when he served under Donald Trump. He talks about politics, business, and how he helped save one of Ireland’s biggest banks.
The recent budget was hailed as a giveaway with something for almost everybody but small businesses were the noted exception. The details of the Finance Bill have now confirmed this.
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