Martin Foley, known as “the Viper”, has lost an appeal against the finding that he was liable for €738,449 interest on a tax bill of €178,510 which has been due since the early 2000s. Mr Foley argued that the Criminal Assets Bureau was guilty of inordinate and inexcusable delay
Tax
Lawyers at Matheson, William Fry and A&L Goodbody have been ranked as tax controversy leaders in an annual World Tax guide published by International Tax Review. The Tax Controversy Leaders 2019 guide identifies the leading individuals working in tax disputes and litigation from around the world
The Department of Finance has launched a "full and comprehensive" review of the business rates system in Northern Ireland. A public consultation opened yesterday and will run until 11 November 2019, seeking views on the future direction of the business rating system.
A company that was wrongly pursued for a €10.2 million VAT bill due to a “fundamental error” in the interpretation of the VAT Regulations of 1979 (as amended) has lost its appeal against the High Court's rejection of its claim for damages for malicious abuse of the civil process. Fi
Offshore private registers detailing who owns which companies in the Channel Islands are to be made public. The move follows sustained pressure on the islands to do their part of tackle tax avoidance.
The Law Society of Ireland has called on the Government to introduce a formal technical consultation before publishing the next Finance Bill. In its pre-Budget 2020 submission, the Law Society has argued for adequate time to allow both practitioners and Revenue to consult properly on changes to key
William Fry was awarded Ireland Tax Firm of the Year and Impact Deal of the Year at the International Tax Review European Awards 2019 in London last night. The awards, which are in their 15th year, celebrate the best tax and transfer pricing work in legal and accountancy firms across the EMEA region
The Department of Finance has announced a "full and comprehensive" review of the non-domestic rating system in Northern Ireland. The review will begin with the launch of a joint "Innovation Lab" with other government departments this July, bringing together experts in urban regeneration and taxation
The Irish Tax Institute has called on the Government to consult on changes to tax legislation. President Marie Bradley told the Institutes's annual dinner that there should be more transparency around the making of tax laws, the Sunday Independent reports.