Industry & Business

Tag "Tax"

What Needs to Change in Ireland if we Want to be a Real Global Leader in R&D

    What Needs to Change in Ireland if we Want to be a Real Global Leader in R&D

Post written by Ian Collins, Partner at EY Ireland. Previously published on Fora.ie The burden for small firms investing in research should be lifted. Ireland’s tax regime already ranks among the best

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EC Publishes Apple Tax Ruling

    EC Publishes Apple Tax Ruling

The European Commission on Tuesday published its ruling on August 30 that Ireland effectively granted state aid to Apple. The release comes after the Departmnet of Finance published its legal

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PwC Predicts Increased Tax Scrutiny for Those Working Internationally

    PwC Predicts Increased Tax Scrutiny for Those Working Internationally

As mobility evolves and more organisations see talent moving internationally, many businesses are facing a growing challenge to understand where in the world their people are working and what they

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Ireland’s Tax System ‘Most Effective’ in EU, Says PwC Report

    Ireland’s Tax System ‘Most Effective’ in EU, Says PwC Report

A report by PwC and the World Bank Group, released on Tuesday, November 22, says that Ireland is the most effective country in the EU for paying business taxes, and

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Facebook to pay more tax on UK revenues

Social media giant Facebook has announced it will stop routing sales from major UK customers through Ireland, in a move which is likely to result in a large increase in

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KBC Bank reports operating profit for 2015

KBC Bank Ireland has today reported an operating profit of €119m before tax and impairment costs for full-year 2015. The bank reported loan impairment costs of €48m for 2015. According

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Google agrees £130m tax deal in the UK

Internet giant Google has agreed a £130 million deal with the UK taxman to pay money it has owed for the last decade. The US online search firm said it

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Facebook defends its €3.4m tax bill as Irish revenues rocket

    Facebook defends its €3.4m tax bill as Irish revenues rocket

Facebook Ireland paid only €3.4 million in corporate tax last year in spite of revenues risen to €4.83 billion from €1.8 billion. The Dublin-based firm, which serves as Facebook’s international head

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EU launches investigation into McDonald’s Luxembourg tax deals

    EU launches investigation into McDonald’s Luxembourg tax deals

The European Union commission has opened a formal state aid investigation into allegations that fast food giant McDonald’s received a tax deal from Luxembourg six years ago. The case against

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Carlow Craft Brewery attracting investors through tax efficiency scheme

Carlow Craft Brewery, is looking to tap wealthy clients of Dublin stockbroking firms to raise up to €2.5 million for a new brewhouse under a tax-efficient business expansion scheme. The company,

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Budget significantly cuts tax on lorries

Road tax on lorries has been reduced from a maximum €5,195 to €900 in the Budget. This move brings the Republic  of Ireland in line with the UK, including Northern

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