2013 Airfinance Annual - Irish Aviation Sector

Irish Aviation Sector

Ireland continues to build on its reputation as a centre of excellence for aircraft financing and leasing and its position has been further enhanced in recent years. There are a number of reasons why Ireland attracts investment in this area which include its favourable tax regime, wide double tax treaty network and professional expertise.

These factors combined with a government which is committed to growing and supporting the industry means that it has become the obvious location through which to finance and lease aircraft.

Taxation developments. 12.5% tax rate. The Irish government has repeated its commitment to maintaining the 12.5% corporation tax rate for active trading companies. This commitment has been welcomed by the aircraft financing and leasing community.