Minister Donohoe publishes Ireland’s Corporation Tax Roadmap
Foilsithe
An t-eolas is déanaí
Teanga: Níl leagan Gaeilge den mhír seo ar fáil.
Foilsithe
An t-eolas is déanaí
Teanga: Níl leagan Gaeilge den mhír seo ar fáil.
The Minister for Finance and Public Expenditure & Reform, Paschal Donohoe TD, has today (Wednesday) published Ireland’s Corporation Tax Roadmap.
The Roadmap takes stock of the changing international tax environment, outlines the actions Ireland has taken to date and the further actions that will be taken over the coming years.
The Roadmap includes consideration of responses received to the Department’s consultation on the recommendations made in the Review of Ireland’s Corporation Tax Code, undertaken by Mr Seamus Coffey, and the implementation of the Anti-Tax Avoidance Directives.
Review of Irelands Corporation Tax Code ga
The Roadmap outlines the significant further action that Ireland is taking as part of international tax reform efforts, including commitments that:
The Roadmap also flags the intention to hold further consultation processes on a range of issues including the technical design of complex ATAD measures and the Coffey Review recommendation to consider the potential impacts of moving to a territorial tax regime.
Publishing the Review today, Minister Donohoe said:
“I am delighted to publish this comprehensive Roadmap which sets out a direction of travel for corporation tax reform over the coming years. The Roadmap highlights the significant actions that Ireland has taken and the actions we will continue to take to ensure that our corporation tax regime is transparent, sustainable and legitimate.
“It is vital to have a consensus-based, globally agreed approach to international tax. Tax rules need to continue evolve to match the modern world, and that evolution can best take place through international agreement at the OECD and the BEPS Inclusive Framework. Ireland will continue to foster economic activity in Ireland, the EU and beyond by adapting and evolving our corporate tax regime while maintaining our key 12.5% rate. This Roadmap demonstrates my, the Government’s, commitment to continuing the significant progress already made to strengthen Ireland’s corporation tax system now and in the years to come.”
ENDS
Corporation Tax Roadmap
Ireland’s Corporation Tax Roadmap ga
The Roadmap outlines the range of commitments for further action:
The key actions that have been taken by Ireland over the last five years are: