Finance Act 2009
E-mail us: Go to: Budget 2009 |
The Finance Act 2009 which was signed into legislation on 3 June 2009. With the main legislative changes for 2009 being included in the Finance (No.2) Act 2008, Finance Act 2009 is relatively short as it is designed to deal only with the additional measures to address the adverse financial position of the country. It is to be welcomed that the Act contains the promised new tax regime for Intellectual Property. It is to be hoped that this will attract international business to locate such operations in Ireland and help rebuild Irish business based on sustainable new technologies and research. The new VAT trade-in scheme for the motor industry is not included in the Act as ongoing discussions with the industry continue as to what is required to assist them. We have summarised the main provisions of the Act but please contact us if you require further information. |
|
