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ARTICLE · 29 MAY 2012

Irish Finance Bill 2012: A Boost For Jobs But Will It Work?

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The first budget from the Fine Gael /Labour coalition government was unveiled on December 6, 2011.

IrelandTax
Niamh Keogh
Niamh Keogh
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Originally published in Tax Planning International European Tax Service, March 2012.

The first budget from the Fine Gael /Labour coalition government was unveiled on December 6, 2011. The following article examines some of its more significant aspects. In his Budget Day speech in December 2011, the Irish Minister for Finance flagged the introduction of a ''package of measures in the Finance Bill to support the continued success of the international funds industry, the corporate treasury sector, the international insurance industry and the aircraft leasing industry.'' The Finance Bill (the ''Bill'') aims to deliver on this promise, while also including further probusiness measures which should benefit the wider business community. The Bill also includes the inevitable revenue raising measures and anti-avoidance provisions in line with recent years. Some of the key changes are outlined here. The below measures have not yet been passed into law although the Bill is

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