Company Formation Ireland

The European Commission has released new data suggesting that Ireland's small businesses rank highest in the EU for "innovation". The Commission's "digital scoreboard" says Irish SMEs came out on top in a comparison among 28 member states because of their strong record of "in-house innovation, the fast growth of jobs in the Irish innovation sector and the high growth in knowledge-intensive industries". [...]

There is one fundamental truth which cannot be escaped from the Apple controversy: the company paid virtually no tax on vast tranches of its sales. The row about Apple also spills over into Irish politics, the relationship between the EU and US and raises questions about the independence of sovereigns to determine their own tax affairs.  Apple spotted a gap in international tax arrangements and took adva [...]

Green REIT said it generated a total return of 17.7% on its portfolio, which primarily consists of high grade offices in Dublin. Results for the year to the end of June show its portfolio is now valued at €1.25 billion. Net profits for the year came to €145.5m, down over 7% on the €156.7m reported last year. The company said that rental income rose 10% to €61.3m from its 21 properties during the year. It a [...]

The European Commission is due to relaunch the controversial CCCTB proposal – a harmonised corporate tax base for the European Union – as early as June, as it continues its clamp-down on corporate tax avoidance at an EU level. Speaking in Brussels on his way into a two-day summit of EU leaders, the Taoiseach said that Ireland opposes the proposal as it currently stands. “Ireland has always objected to the [...]

Tax experts here have downplayed the potential impact on Ireland of new European Commission proposals on the automatic exchange of tax rulings. Feargal O’Rourke of PwC Ireland said Ireland had a transparent, rules-based tax system and “had positively co-operated with the EU over last 18 months on an examination of a swathe of tax rulings going back many years.” “Not all countries followed our lead. I don’t [...]