Irish Region
Keeping abreast of the pace of change in the Pensions and Tax environment.
Pensions and tax
Finance (Tax Appeals and Prospectus Regulation) Bill 2019
30 August 2019
The Finance (Tax Appeals and Prospectus Regulation) Bill 2019 (the ‘Bill’) was published on 24 June 2019. It proposes to amend the Finance (Tax Appeals) Act 2015 and Section 949AQ of the Tax Consolidation Act 1997 (TCA). Read more
Ireland: Netherlands Double Taxation Agreement
30 August 2019
The DTA demonstrates Ireland's approach and commitment to the 'Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (BEPS)'. Read more
Revenue Guidance for Calculating Company's Trade or Profession Profits
30 August 2019
Irish Revenue issued new guidance on 1 July 2019 setting out the rules for companies in calculating their taxable profits, gains or losses for the purposes of Case I or II of Schedule D. Read more
IORP II Directive – Current State of Play
14 December 2018
The Government's ‘Roadmap for Pension Reform 2018–2023’ published earlier this year signalled that legislation to transpose the IORP II Directive (the ‘Directive’) into Irish law would be published before the end of September. Disappointingly, this has not happened. Read more
OECD Releases Ireland's peer review report on Action 14 of the BEPS project
24 October 2018
The Action 14 peer review report (the ‘Report’) regarding Ireland was released by the OECD on 8 August 2018. The Report evaluates Ireland's implementation of Action 14 of the ongoing OECD's base erosion and profit shifting (‘BEPS’) project. Read more
Government drive towards pensions auto-enrolment by 2022 moves up a gear
24 October 2018
Auto-enrolment is an earnings related, mandatory workplace pensions retirement savings system. Last week the Government launched a consultation to consider what the structure and regulation of auto-enrolment in Ireland should be. Read more
Tax Strategy Papers – A glimpse of the future for Irish Corporation Tax
24 October 2018
From a corporate tax perspective, the TSG papers have been eagerly awaited as companies prepare for the legislative change required as a result of the EU Anti-Tax Avoidance Directive (‘ATAD’). Read more
Sliding scale does not fail! Unsuccessful claim of age discrimination in Pensions Restructuring/ETV
20 February 2018
A recent recommendation of an Adjudication Officer at the Workplace Relations Commission provides some insight for employers that have restructured their Defined Benefit (’DB’) pension schemes, particularly those who have used incentives for members to transfer accrued DB entitlements to Defined Contribution (’DC’) arrangements. Read more
Significant changes to double tax treaties as Ireland signs up to the OECD MLI
18 October 2017
The MLI has resulted from the OECD/G20 Base Erosion and Profit Sharing (‘BEPS’) project which made a number of recommendations for changes to international tax treaties concerning matters such as dispute resolution, common approaches and minimum standards. Read more
Defined Benefit Reform Disappearing Act – Committee stage comeback?
18 October 2017
The Social Welfare, Pensions and Civil Registration Bill 2017 (the ‘Pensions Bill’) as presented to the Dáil on 5 July 2017 appears to intend more modest pension reforms than was initially anticipated. More far-reaching reform proposals may re-emerge as the Bill progresses. Read more
