On 1 January 2024, the new enhanced reporting requirements (ERR) for certain non-taxable benefits are due to come into effect (subject to a Commencement Order).

Ireland and Germany signed a Protocol on 25 May 2010 amending the existing Ireland/Germany Double Tax Agreement ("DTA") with effect from 1 January 2011.

We have written on various government initiatives designed to help businesses recover from the effects of the COVID-related shutdown, including the COVID-19 Credit Guarantee Scheme.

Recent developments with regard to CRS (the OECD's "Common Reporting Standard") mean that Irish funds need to take steps now to update their application forms and subscription documents.

The Irish Government has advised that the tax treatment of Irish property funds may face further changes later this year.

The Irish and US Governments today, 21 December 2012, signed an Intergovernmental Agreement ("IGA") in respect of the US Foreign Account Tax Compliance Act ("FATCA").

The Minister of Finance of Ireland, Michael Noonan, had made attempts to enact the Ireland's Betting (Amendment) Bill to introduce a new tax rate for online bookmakers and betting exchanges.

The latest proposed amendments to the Irish taxation of real estate funds (IREFs) were published on 6 November 2017.

The new EU interest limitation rules will come into force in Ireland on 1 January 2022. These rules will impact Irish companies funded with debt by limiting the amount of interest that can be deducted for tax purposes.

A European Court decision relating to VAT may be of interest to those who are providing rebates under the IPHA Agreement in Ireland on products which are subject to VAT.

On 5 August 2022, the Irish Revenue Commissioners ("Revenue") issued guidance in Revenue e-Brief 158/22 (the "Guidance") in respect of the deductibility of certain Digital Services Taxes ("DSTs").

The decision by the Minister for Finance Michael McGrath TD in September 2023 to progress with the introduction of a participation exemption for foreign dividends.

The deadline for share scheme reporting is fast-approaching, and this update provides an overview of the share scheme reporting requirements in Ireland.

The Irish Pillar Two rules apply to in-scope entities for accounting periods commencing on or after 31 December 2023. Following the GloBE Rules and the EU's Minimum Tax Directive, the rules introduce a minimum effective tax.

2025 will see Residential Zoned Land Tax (RZLT) of 3% of the market value of relevant land charged and levied for the first time.

The Tax Appeals Commission examined whether an employee working in Ireland under an A1 certificate, who paid social security contributions in another EU jurisdiction rather than Irish PRSI, could claim tax exemption on a redundancy payment. The case centered on the interpretation of the Redundancy Payments Act 1967 requirements and whether EU Regulation 883/2004 on social security coordination could override Irish tax law provisions for statutory redundancy payments.

The Irish Revenue Commissioners ("Revenue") have announced preparations for implementing mandatory eInvoicing and real-time digital reporting for domestic business-to-business ("B2B") transactions in Ireland.

On 5 September 2024, Matheson responded to a public consultation document issued by the Department of Finance on the introduction of a participation exemption in respect of foreign dividends.

In April 2024, the Department of Finance published a Strawman Proposal setting out some of the key potential design features of the new Irish participation exemption for foreign dividends...