Finance Dublin Irish Tax Monitor September 2023
The Deloitte Roundtable panel comment on a number of changes to Ireland’s R&D Tax Regime and with a number of options open to companies availing of this incentive, careful consideration is required under the new rules. The EU’s VAT agenda is also examined, specifically the CESOP.
In this month’s roundtable the Department of Finance’s second BEPS feedback statement is examined with the inclusion of additional administrative guidance and draft legislative approach welcomed but a rethink suggested on the likely approach towards the transitional exclusion under the UTPR for internationalising companies. Changes to Ireland’s R&D Tax Regime also feature and with a number of options open to companies availing of this incentive careful consideration is required under the new rules. The EU’s VAT agenda is also examined, specifically the CESOP and what it means for PSPs and other organisations who operate under PSD2; preparing for the Unshell directive, as well as the draft legislative approach to certain outbound payments also feature.
