On 7 January 2021 the Minister for Finance, Paschal Donohoe TD, published “Ireland’s Corporation Tax Roadmap: January 2021 Update”. The updated Roadmap considers the ongoing global tax reform work and sets out...
The case of Perrigo Pharma International DAC v The Revenue Commissioners and Others [2020] 552 IEHC concerned the validity of a notice of amended assessment issued by Revenue. Revenue contended that a...
In HMRC v S Warshaw [2020] UKUT 366 the UK Upper Tribunal endorsed the decision of the First-tier Tribunal and found that cumulative fixed-rate preference shares were “ordinary share capital” for the...
Compliance Deadlines...
Covid-19 Measures
Guidance on transfer pricing implications of Covid-19 pandemic
On 18 December 2020 the OECD released “Guidance on the Transfer Pricing Implications of the COVID-19 Pandemic”. The guidance focuses on how the arm’s-length...
Issue 1, 2021 VAT Cases & VAT News Published April 2, 2021 in Issue 1 2021 Gabrielle Dillon, Director, Twomey Moran Article content Cost-Sharing Exemption and Supply of Services to VAT Group:...
Issue 1, 2021 Accounting Developments of Interest Published April 2, 2021 in Issue 1 2021 Aidan Clifford, Advisory Services Manager, ACCA Ireland Article content Reciprocal Arrangements with the UK for Auditing after...
Summary of articles for Issue 1, 2021...
John O’Loughlin and Paul Rodgers give an overview of the EU–UK Trade and Cooperation Agreement, explain what it means from a customs and trade perspective, and outline what companies need to do...
John Stewart considers the impact of Brexit for cross-border traders, including the VAT treatment of supplies of goods and services, the non-application of certain VAT simplifications, VAT on imports and VAT recovery....
Kim Doyle and Lorraine Nelson focus on the EU–UK Trade and Cooperation Agreement and some of the key direct tax and social security changes arising as a result of Brexit....
Rachel Fox and Caitriona Moran explains the changes made by Finance Act 2020 to ensure that the post-Brexit migration of certain Irish shareholdings from CREST to the Euroclear central securities depository on...
Frank Mitchell considers the imbalance in the interest rates applicable to tax overpayments and underpayments, which has been added to by s960GA of Finance Act 2020....
Anna Holohan outlines a selection of topics in Finance Act 2020 – other than the headline items – that will be relevant to specific sectors and taxpayers and that illustrate the continuing...
David Rodgers provides a summary of and comment on the changes to capital acquisitions tax, capital gains tax and stamp duty introduced by Finance Act 2020....
Senan Kavanagh and Jennifer Upton discuss the latest changes to HMRC’s Making Tax Digital for VAT regime and the expansion of Making Tax Digital to other taxes....
Marie Flynn and Sarah Kirwan provide an overview of the valuation of private companies and shareholdings for tax purposes and outline the pitfalls/key points to consider in relation to various transactions....
Eoin Clifford considers the impact of the recent Supreme Court decision in this case on the question of statutory versus purposive interpretation of tax statutes....
James Burke considers the requirements for tax relief under s192A TCA 1997 relating to payments made under termination agreements, in light of three recent Tax Appeals Commission determinations....
Anne Gunnell and Lorraine Sheegar outline the Institute’s response to the OECD public consultation on Pillar One and Pillar Two Blueprints....
Information on the the upcoming deadline and requirements for reclaiming VAT under the government’s scheme...
We are now in Q2 2021: Covid-19 is still with us and Brexit has certainly not gone away – new year, same challenges. At least, we have a deal on Brexit, even...
Welcome to our first digital Irish Tax Review (ITR), a product of our commitment to adapt to the needs of our members. By going digital, we are future-proofing ITR, reducing our carbon...
News and moves in the tax community...
