Tax

Irish tax revenues fell by less than four per cent last year amid the Covid-19 pandemic, compared with a fall of nearly one-third during the global financial crisis, according to new government analysis. Finance minister Paschal Donohoe yesterday published the annual taxation report for 2021, which

Widely-discussed proposals for a global minimum corporation tax rate of at least 15 per cent have been put out to public consultation by the Irish government. More than 130 countries, including the US, UK, China, India and Russia, have signed up to the proposals developed by the Organisation for Eco

The High Court has determined that a hotel owner must pay €200,000 as part of the domicile levy on the basis that his worldwide income was more than €1 million but his income tax liability was less than €200,000. In so ruling, the court held that the appellant could not deduct capital

The General Court of the European Union has dismissed an action brought by Nike and Converse against the European Commission's decision to initiate a formal State aid investigation in respect of their tax arrangements in the Netherlands. In 2019, the Commission decided to initiate a formal investiga

The High Court has rejected an application to amend a case stated from the Tax Appeal Commissioners on a point of law. The application sought to introduce further questions of law regarding the jurisdiction of the Commissioner and his conduct in proceedings. Delivering judgment in the case, Ms Justi

The Court of Appeal has determined that clamp removal fees issued by a private car park are subject to VAT on the basis that a service is being provided to the motorist. It had previously been found by the Tax Appeal Commissioner that the clamping fees were payment in lieu of damages for trespass by

The new Commission on Taxation and Welfare, chaired by Professor Niamh Moloney, head of the law department at LSE, will hold its first meeting today. Finance Minister Paschal Donohoe yesterday announced the appointment of 13 tax and welfare experts joining Professor Moloney on the commission.

Dual qualified Chartered Tax Adviser (CTA) and solicitor Sinead Dooley has been promoted to tax director at Cahill Taxation Services (CTS). Ms Dooley joined business advisory and tax specialist practice CTS as tax senior in 2010, having previously worked with J.M. Burke Tax Solicitors in Dublin.

Inheritance, estate and gift taxes could play a stronger role in addressing inequality and improving public finances, according to the Organisation for Economic Co-operation and Development (OECD). Inheritance taxation can be an important instrument to address inequality, particularly in the cu

The Supreme Court has held that the sale and leaseback of a Scottish care home did not dispose of the seller’s entire interest in the property for the purposes of VAT legislation. The appellant, Balhousie Holdings Ltd, acquired the care home in Huntly, Aberdeenshire in 2013. It was origin

Legal rights group FLAC has criticised ministers for giving "contradictory and confusing explanations" for the retrospective taxation of the Covid Pandemic Unemployment Payment (PUP). Social Protection Minister Heather Humphreys told RTÉ's News at One that the government has "always been clea

International law firm Simmons & Simmons has announced the appointment of Martin Phelan as head of its new tax team in Dublin. Mr Phelan, who joins from William Fry, is the latest senior hire in the firm's Dublin office following the recruitment of commercial real estate partner Peter McKeever i

Legal rights group FLAC has reiterated its call for a retrospectively imposed tax liability on claims for the Covid Pandemic Unemployment Payment (PUP) to be dropped. A legal opinion published by FLAC last month warned that the retrospective provisions of section 3 of the Finance Bill 2020 could be

Proposals to retrospectively tax the Covid Pandemic Unemployment Payment may breach the Constitution, legal rights group FLAC has warned. A legal opinion prepared by FLAC's lawyers in relation to section 3 of the Finance Bill 2020 has been circulated to TDs and Senators ahead of the bill's considera

Proposed restrictions on post-Brexit VAT refunds for goods purchased in Ireland by visitors from Great Britain are set to be relaxed in a bid to support Irish retailers. Legislation currently being considered by the Oireachtas would have allowed visitors from Great Britain, after the UK becomes a "t