Chapter 4 of Part 16 TCA 1997 provides for income tax relief of up to 40% for investment by individuals in a qualifying company for the purposes of using the funds for a qualifying trade and the creation and maintenance of employment. The Employment Investment Incentive (EII) provides the only form of “all income” tax relief currently available to individual taxpayers. For an investment to qualify for EII relief, it needs to be for “eligible shares” by a “qualifying investor” in a “qualifying company”. At a high level:
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