Expanding abroad?How the Foreign Earnings Deduction can benefit executives and companies |
2012 sees the re-introduction of a restricted Foreign Earnings Deduction (FED). This relief will allow employees working overseas in the BRICS countries (Brazil, Russia, India, China and South Africa) to make a claim for a refund of Irish tax, if certain conditions are met.
This welcome move re-instates a relief that was much utilised in the past and should serve as an incentive for employees to work overseas in these jurisdictions at a time when Irish businesses are expanding abroad.
How the Foreign Earnings Deduction can benefit executives and companies
(167.51 KB)