This document summarizes taxation in the Republic of Ireland. It discusses direct taxes such as income tax, capital gains tax, and corporation tax. It also discusses indirect taxes including value added tax and excise taxes. The document notes that the Irish tax system is used primarily to fund government expenditures like education, healthcare, social welfare, and capital projects. Tax evasion and avoidance are also briefly discussed.

1. Taxation
IN THE REPUBLIC OF IRELAND
by Timur Shafeev

2. Contents
Preface
 Chapter 1. Direct taxes
 Chapter 2. Indirect taxes
 Chapter 3. Taxation evasion
and tax avoidance
Conclusions

3. Preface

4. Preface
The Irish tax system is primarily in place to
pay for current expenditure programs, such
as:
 universal free education
 taxpayer funded healthcare
 social welfare payments
 public capital expenditure

5. Chapter 1.
Income tax
For administrative purposes,
taxable income is
expressed under four
schedules:
Schedule
C
Schedule
D
Schedule
E
Schedule
F

6. Chapter 1.
Pay Related Social Insurance
It includes social insurance
and a health contribution.
Social insurance payments
are used to help pay for social
welfare payments and
pensions.
Social
Insurance
Fund
employees
employers
self-
employed
government

7. Chapter 1.
Capital gains tax
Land and buildings in
Ireland
Minerals or mining
rights in Ireland
Exploration or
exploitation rights in a
designated area of
the Irish Continental
Shelf
Shares (not quoted
on a stock exchange)
deriving their value
from any or all of
items 1, 2, or 3
Assets in Ireland used
for the purpose of a
business carried on in
Ireland

8. Chapter 1.
Capital acquisitions tax

9. Chapter1
Deposit interest retention tax
 charged at 30%
 deducted by the bank or
other deposit-taker before
the interest is paid to you

10. Chapter 1.
Corporation tax
 charged on the profits of
companies
 certain expenses can be
offset against profits
 current rate ranges from
10% to 25%
12,5%

11. Chapter 2.
Value Added Tax
0% on books, children's clothing and
educational services and items.
13.5% rate applies to many labour-
intensive services.
4.8% rate applies to supply of
livestock and greyhounds.
5.2% "flat rate addition" applies to
the agricultural sector
23% on the majority of goods.

12. Chapter 2.
Excise Tax

13. Chapter 3
Taxation evasion and tax avoidance
 most people pay at source
 penalties for evasion are high

14. Conclusions

15. Customs & Excise
14%
Capital Tax
21%
Stamps
20%
Income Tax
6%
Corp Tax
13%
VAT
26%
STRUCTURE OF REVENUES