Insights

Read our fourth review of the EU Direct Tax Initiatives: helping you keep up to date with what is in the pipeline and how it may impact your business.

Understand the Residential Zoned Land Tax (RZLT) and its impact on landowners in Ireland. Learn about tax rates, exemptions, valuation methods, and key deadlines for 2025. Stay compliant and minimise liabilities with expert insights from Grant Thornton.

Explore why tax is vital for comprehensive CSRD reporting, enhancing transparency, ethical governance, and aligning business with sustainability goals.

Sasha Kerins and Monique Pisters discuss current issues impacting EU direct tax initiatives, including the UN’s potential future role in international taxation, Pillar I & DST’s and the HOT, TP and FASTER proposals.

Download our simple guide for Irish tax rates, credits and filing deadlines, as well as a summary of the key Irish tax reliefs, for 2024. This guide is updated to include amendments made by Finance Act 2023.

Navigate the changes in EU tax regulations with BEFIT and Transfer Pricing proposals, aiming for harmonisation, fair taxation, and reduced compliance burdens.

DAC8 enters into force on 13 November 2023 and for the most part will come into effect for all EU Member States from 1 January 2026. Read the key measures introduced to enhance tax compliance and improve transparency.

Ireland represents a strategic European base due to our pro-business approach, competitive corporate tax regime and skilled workforce. As a result, multinational, UK and European companies employ over 300,000 in Ireland.

The European Commission (EC) are committed to introducing a common corporate income tax system across the EU. The previous iterations - the Common (Consolidated) Corporate Tax base (CCCTB) 2011 and Common Corporate Tax Base (CCTB) are now withdrawn and replaced with the BEFIT Proposal. It remains to be seen if BEFIT will achieve the unanimous support required from Member States.

The Minister for Finance Michael McGrath has announced a plan to exempt foreign-sourced dividends from Irish corporate tax in a move toward the territorial regime of taxation. The proposed exemption will take shape over the coming months before being introduced in Finance Bill 2024, with effect from 2025.

The European Commission (EC) has adopted key initiatives, which aim to reduce compliance costs for large businesses operating across the European Union. The BEFIT proposal introduces a single set of rules to determine the tax base for large businesses that operate out of more than one Member State.

Throughout 2023, the OECD Inclusive Framework has continued its work on the development of the Pillar Two Global anti-Base Erosion Rules in advance of the introduction of the rules on 31 December 2023.