This document summarizes key aspects of Ireland's transfer pricing laws and regulations:
1. The primary transfer pricing legislation is Part 35A of the Taxes Consolidation Act 1997, which incorporates the OECD Transfer Pricing Guidelines. The Revenue Commissioners are responsible for enforcing the transfer pricing rules.
2. The transfer pricing rules apply to transactions between associated enterprises, both domestic and cross-border, involving trade in goods, services, money or intangibles. Acceptable transfer pricing methods include those outlined in the OECD Guidelines.
3. Ireland has participated fully in the OECD's BEPS project and has begun implementing recommendations such as country-by-country reporting and following the updated OECD Guidelines
Julie Murphy O'Connor and Gearoid Carey provide an overview on Enforcement of Foreign Judgments in Ireland in the 2018 edition of Getting the Deal Through.
Getting the Deal Through: Tax Controversy 2019, IrelandMatheson Law Firm
Tax partner, Joe Duffy, Tax principal, Greg Lockhart and Tax associate, Kathryn Stapleton co-author the Ireland chapter of Getting the Deal Through: Tax Controversy 2019.
The Revenue Commissioners are responsible for tax administration in Ireland. They verify compliance by reviewing tax returns, which typically takes less than four years from the filing date. Revenue can request information from taxpayers and interview employees. If taxpayers do not comply, Revenue can take enforcement actions like assessments, penalties and criminal prosecution. Taxpayers can protect privileged commercial information like legal advice. The standard limitation period for Revenue to review returns is four years.
This document summarizes key aspects of Ireland's transfer pricing rules and regulations:
1. Ireland's primary transfer pricing legislation is contained in Part 35A of the Taxes Consolidation Act 1997, which applies the arm's length principle outlined in the OECD Transfer Pricing Guidelines.
2. The Revenue Commissioners, Ireland's tax authority, is responsible for enforcing transfer pricing rules and resolving disputes through mutual agreement procedures in tax treaties.
3. Ireland's transfer pricing documentation requirements are not prescriptive, but taxpayers must maintain sufficient records to demonstrate their profits were computed on an arm's length basis if requested. Country-by-country reporting has also been adopted.
The International Comparative Legal Guide to Private Client 2016 Matheson Law Firm
Matheson partner John Gill and associate Allison Dey co-authored the Ireland chapter for The International Comparative Legal Guide to Private Client 2016.
Julie Murphy O'Connor and Gearoid Carey provide an overview on Enforcement of Foreign Judgments in Ireland in the 2018 edition of Getting the Deal Through.
Getting the Deal Through: Tax Controversy 2019, IrelandMatheson Law Firm
Tax partner, Joe Duffy, Tax principal, Greg Lockhart and Tax associate, Kathryn Stapleton co-author the Ireland chapter of Getting the Deal Through: Tax Controversy 2019.
The Revenue Commissioners are responsible for tax administration in Ireland. They verify compliance by reviewing tax returns, which typically takes less than four years from the filing date. Revenue can request information from taxpayers and interview employees. If taxpayers do not comply, Revenue can take enforcement actions like assessments, penalties and criminal prosecution. Taxpayers can protect privileged commercial information like legal advice. The standard limitation period for Revenue to review returns is four years.
This document summarizes key aspects of Ireland's transfer pricing rules and regulations:
1. Ireland's primary transfer pricing legislation is contained in Part 35A of the Taxes Consolidation Act 1997, which applies the arm's length principle outlined in the OECD Transfer Pricing Guidelines.
2. The Revenue Commissioners, Ireland's tax authority, is responsible for enforcing transfer pricing rules and resolving disputes through mutual agreement procedures in tax treaties.
3. Ireland's transfer pricing documentation requirements are not prescriptive, but taxpayers must maintain sufficient records to demonstrate their profits were computed on an arm's length basis if requested. Country-by-country reporting has also been adopted.
The International Comparative Legal Guide to Private Client 2016 Matheson Law Firm
Matheson partner John Gill and associate Allison Dey co-authored the Ireland chapter for The International Comparative Legal Guide to Private Client 2016.
This document provides information about transfer pricing rules and regulations in Ireland. It discusses the primary Irish transfer pricing legislation, the government agency responsible for enforcement, the role of the OECD Transfer Pricing Guidelines, the types of transactions covered by the rules, and Ireland's adherence to the arm's length principle. It also addresses Ireland's implementation of the OECD's base erosion and profit shifting (BEPS) project and its effects on the applicable transfer pricing rules.
This document provides an overview of tax havens, including definitions, criteria, characteristics, types, examples, effects, and approaches taken by governments and organizations like the OECD. It discusses what constitutes a tax haven according to the OECD and other sources. It outlines the major tax haven locations around the world and different types of tax havens. It also summarizes the responses by governments and regulatory bodies to promote transparency and exchange of information between jurisdictions.
In associations with Croner Taxwise, the conference will provide a general tax update whilst also focussing on some more specific areas which appear to be causing problems for our consultancy clients.
Topics covered;
• Topical tax issues
• Requirement to Correct for offshore income and assets
• What should your Tax Fee Protection Insurance provider do for your practice?
• R & D tax relief claims
• VAT update including, land and property, possible Brexit landscape and disputes & resolutions
Croatia has 45 income tax treaties currently in force that generally follow the OECD model. Treaties must be incorporated into domestic law before taking effect. Croatia has a 20% corporate profits tax generally payable annually. Capital gains are taxed as part of corporate profits and there is a participation exemption for dividends. Croatia addresses tax avoidance through disclosure requirements and general anti-avoidance rules. Branches of foreign companies are taxed similarly to subsidiaries.
This document provides information on corporate tax rates and rules in Croatia. It discusses Croatia's tax treaty network, value added tax rates, cross-border withholding tax rates on dividends, royalties and interest payments, thin capitalization rules, and general corporate income tax rates and payment deadlines. The headline corporate tax rate in Croatia is 20%, though lower rates may apply under investment promotion rules. VAT is charged at 23% standard or 10-0% reduced rates on most transactions. Withholding taxes of 15% generally apply to cross-border royalty and interest payments to non-residents. Thin capitalization rules limit interest deductions where related-party debt exceeds 4 times equity.
The document provides an overview of tax regulations for the shipping industry in Argentina. Key points include:
- Shipping companies must comply with general tax regulations like income tax, VAT, and other federal/provincial taxes.
- Income from shipping activities, both domestic and international, is considered Argentine-source income for local companies.
- Foreign shipping companies are presumed to have Argentine-source income from transport to/from Argentina.
- Argentina has double taxation treaties with many countries to avoid double taxation of international shipping income.
- Other taxes that may apply include thin capitalization rules, transfer pricing rules, and a minimum presumed income tax.
International Tax For SMEs September 2011 Abbreviatedsarogers99
These slides were used in a presentation given to attendees at a recent UKTI / Natwest / Francis Clark LLP seminar in Salisbury - How to Open Up New Markets Overseas.
Dutch tax saving possibilities for Ukrainian MNC’s. Juan TeltingICF Legal Service
Голландские компании в налоговом планировании. Как это работает. Организация substance (реального присутствия) в Нидерландах. Использование нидерландских компаний в международной торговле.
Juan Telting (STP Tax Lawyers. Netherlands)
An overview of the laws and fiscal benefits of using Malta as an EU tax efficient jurisdiction for asset structuring, trusts and investment vehicles.
A legitimate low tax EU jurisdiction.
5% effective corporate tax rate, no withholding, capital gains or entry or exit taxes. No inheritance or wealth taxes.
As an alumni to the courses taught by Professor Alan Cerf at UC Berkeley, Brian Rowbotham and Cindy Hsieh returns to campus each semester to be a guest lecturer for the new classes.
With 0% tax on patent and artistic royalties and 0-5% tax on on all other IP, Malta, an EU jurisdiction is now the best country to structure your IP assets.
A legitimate, fiscal & tax competitive EU jurisdiction.
5% effective corporate tax rate, no withholding, capital gains or entry or exit taxes. No inheritance or wealth taxes.
This document summarizes Irish competition law relating to the abuse of a dominant position. It outlines that abuse of a dominant position is prohibited by section 5 of Ireland's Competition Acts, which mirrors article 102 of the EU Treaty. The Competition and Consumer Protection Commission and Communications Regulation Commission can investigate potential abuses. To date there have been few court cases, but the CCPC frequently concludes investigations through negotiated settlements requiring companies to amend potentially anti-competitive practices.
The document discusses several recent tax developments across Europe:
1) The European Commission ordered Ireland to recover up to €13 billion in back taxes from Apple, claiming Ireland's tax rulings with Apple constituted illegal state aid. This decision does not affect Ireland's overall tax system.
2) New rules were enacted in the Netherlands imposing country-by-country reporting requirements and transfer pricing documentation obligations on large multinational groups.
3) The Silicon Valley Tax Directors Group sent a letter to the Dutch government with suggestions to improve the Netherlands' business tax regime and maintain its competitiveness in attracting foreign investment. They expressed concerns about the EU's anti-tax avoidance directive and public country-by-country reporting proposals
The document discusses several recent tax developments across Europe:
1) The European Commission ordered Ireland to recover up to €13 billion in back taxes from Apple, claiming Ireland's tax rulings with Apple constituted illegal state aid. This decision does not affect Ireland's overall tax system.
2) New rules were enacted in the Netherlands imposing country-by-country reporting requirements and transfer pricing documentation obligations on large multinational groups.
3) The Silicon Valley Tax Directors Group sent a letter to the Dutch government with suggestions to improve the Netherlands' business tax regime and maintain its competitiveness in attracting foreign investment. They expressed concerns about the EU's anti-tax avoidance directive and public country-by-country reporting proposals
Presentation at the European Economic & Social Committee hearing on 'EU development partnerships and the challenge posed by international tax agreements'
Tax fraud occurs when an individual or entity underreports income or overstates deductions on a tax return to reduce the amount of taxes owed. In India, major areas of tax fraud include falsification of invoices, unreported income, and bribery of tax officials. The Indian government estimates an annual loss of 14 trillion rupees from tax evasion. Recent government efforts to curb fraud include new laws targeting undisclosed foreign assets, a proposed nationwide goods and services tax, and increased use of technology in tax administration. However, tax fraud remains a significant problem in India due to complex tax laws, weak enforcement, and corruption. Simplification of the tax system and improved monitoring are needed to further reduce the prevalence of tax evasion.
There are two videos in PPT, where are black slides:
Video1: https://www.youtube.com/watch?v=wxW8GP59Sq8
Video 2: https://www.youtube.com/watch?v=VcZF_DxQ5cU
This document provides an overview of international taxation concepts. It discusses how residency is a key factor in determining tax jurisdiction, as countries either tax worldwide income for residents or only income from domestic sources for non-residents. There can be conflicts when countries define residency differently, such as based on place of incorporation versus management and control, which can lead to double taxation. Treaties aim to resolve such conflicts but different countries take different approaches in their treaties. The concepts of residency, jurisdiction, and relief from double taxation are important aspects of international tax.
This document provides information about transfer pricing rules and regulations in Ireland. It discusses the primary Irish transfer pricing legislation, the government agency responsible for enforcement, the role of the OECD Transfer Pricing Guidelines, the types of transactions covered by the rules, and Ireland's adherence to the arm's length principle. It also addresses Ireland's implementation of the OECD's base erosion and profit shifting (BEPS) project and its effects on the applicable transfer pricing rules.
This document provides an overview of tax havens, including definitions, criteria, characteristics, types, examples, effects, and approaches taken by governments and organizations like the OECD. It discusses what constitutes a tax haven according to the OECD and other sources. It outlines the major tax haven locations around the world and different types of tax havens. It also summarizes the responses by governments and regulatory bodies to promote transparency and exchange of information between jurisdictions.
In associations with Croner Taxwise, the conference will provide a general tax update whilst also focussing on some more specific areas which appear to be causing problems for our consultancy clients.
Topics covered;
• Topical tax issues
• Requirement to Correct for offshore income and assets
• What should your Tax Fee Protection Insurance provider do for your practice?
• R & D tax relief claims
• VAT update including, land and property, possible Brexit landscape and disputes & resolutions
Croatia has 45 income tax treaties currently in force that generally follow the OECD model. Treaties must be incorporated into domestic law before taking effect. Croatia has a 20% corporate profits tax generally payable annually. Capital gains are taxed as part of corporate profits and there is a participation exemption for dividends. Croatia addresses tax avoidance through disclosure requirements and general anti-avoidance rules. Branches of foreign companies are taxed similarly to subsidiaries.
This document provides information on corporate tax rates and rules in Croatia. It discusses Croatia's tax treaty network, value added tax rates, cross-border withholding tax rates on dividends, royalties and interest payments, thin capitalization rules, and general corporate income tax rates and payment deadlines. The headline corporate tax rate in Croatia is 20%, though lower rates may apply under investment promotion rules. VAT is charged at 23% standard or 10-0% reduced rates on most transactions. Withholding taxes of 15% generally apply to cross-border royalty and interest payments to non-residents. Thin capitalization rules limit interest deductions where related-party debt exceeds 4 times equity.
The document provides an overview of tax regulations for the shipping industry in Argentina. Key points include:
- Shipping companies must comply with general tax regulations like income tax, VAT, and other federal/provincial taxes.
- Income from shipping activities, both domestic and international, is considered Argentine-source income for local companies.
- Foreign shipping companies are presumed to have Argentine-source income from transport to/from Argentina.
- Argentina has double taxation treaties with many countries to avoid double taxation of international shipping income.
- Other taxes that may apply include thin capitalization rules, transfer pricing rules, and a minimum presumed income tax.
International Tax For SMEs September 2011 Abbreviatedsarogers99
These slides were used in a presentation given to attendees at a recent UKTI / Natwest / Francis Clark LLP seminar in Salisbury - How to Open Up New Markets Overseas.
Dutch tax saving possibilities for Ukrainian MNC’s. Juan TeltingICF Legal Service
Голландские компании в налоговом планировании. Как это работает. Организация substance (реального присутствия) в Нидерландах. Использование нидерландских компаний в международной торговле.
Juan Telting (STP Tax Lawyers. Netherlands)
An overview of the laws and fiscal benefits of using Malta as an EU tax efficient jurisdiction for asset structuring, trusts and investment vehicles.
A legitimate low tax EU jurisdiction.
5% effective corporate tax rate, no withholding, capital gains or entry or exit taxes. No inheritance or wealth taxes.
As an alumni to the courses taught by Professor Alan Cerf at UC Berkeley, Brian Rowbotham and Cindy Hsieh returns to campus each semester to be a guest lecturer for the new classes.
With 0% tax on patent and artistic royalties and 0-5% tax on on all other IP, Malta, an EU jurisdiction is now the best country to structure your IP assets.
A legitimate, fiscal & tax competitive EU jurisdiction.
5% effective corporate tax rate, no withholding, capital gains or entry or exit taxes. No inheritance or wealth taxes.
This document summarizes Irish competition law relating to the abuse of a dominant position. It outlines that abuse of a dominant position is prohibited by section 5 of Ireland's Competition Acts, which mirrors article 102 of the EU Treaty. The Competition and Consumer Protection Commission and Communications Regulation Commission can investigate potential abuses. To date there have been few court cases, but the CCPC frequently concludes investigations through negotiated settlements requiring companies to amend potentially anti-competitive practices.
The document discusses several recent tax developments across Europe:
1) The European Commission ordered Ireland to recover up to €13 billion in back taxes from Apple, claiming Ireland's tax rulings with Apple constituted illegal state aid. This decision does not affect Ireland's overall tax system.
2) New rules were enacted in the Netherlands imposing country-by-country reporting requirements and transfer pricing documentation obligations on large multinational groups.
3) The Silicon Valley Tax Directors Group sent a letter to the Dutch government with suggestions to improve the Netherlands' business tax regime and maintain its competitiveness in attracting foreign investment. They expressed concerns about the EU's anti-tax avoidance directive and public country-by-country reporting proposals
The document discusses several recent tax developments across Europe:
1) The European Commission ordered Ireland to recover up to €13 billion in back taxes from Apple, claiming Ireland's tax rulings with Apple constituted illegal state aid. This decision does not affect Ireland's overall tax system.
2) New rules were enacted in the Netherlands imposing country-by-country reporting requirements and transfer pricing documentation obligations on large multinational groups.
3) The Silicon Valley Tax Directors Group sent a letter to the Dutch government with suggestions to improve the Netherlands' business tax regime and maintain its competitiveness in attracting foreign investment. They expressed concerns about the EU's anti-tax avoidance directive and public country-by-country reporting proposals
Presentation at the European Economic & Social Committee hearing on 'EU development partnerships and the challenge posed by international tax agreements'
Tax fraud occurs when an individual or entity underreports income or overstates deductions on a tax return to reduce the amount of taxes owed. In India, major areas of tax fraud include falsification of invoices, unreported income, and bribery of tax officials. The Indian government estimates an annual loss of 14 trillion rupees from tax evasion. Recent government efforts to curb fraud include new laws targeting undisclosed foreign assets, a proposed nationwide goods and services tax, and increased use of technology in tax administration. However, tax fraud remains a significant problem in India due to complex tax laws, weak enforcement, and corruption. Simplification of the tax system and improved monitoring are needed to further reduce the prevalence of tax evasion.
There are two videos in PPT, where are black slides:
Video1: https://www.youtube.com/watch?v=wxW8GP59Sq8
Video 2: https://www.youtube.com/watch?v=VcZF_DxQ5cU
This document provides an overview of international taxation concepts. It discusses how residency is a key factor in determining tax jurisdiction, as countries either tax worldwide income for residents or only income from domestic sources for non-residents. There can be conflicts when countries define residency differently, such as based on place of incorporation versus management and control, which can lead to double taxation. Treaties aim to resolve such conflicts but different countries take different approaches in their treaties. The concepts of residency, jurisdiction, and relief from double taxation are important aspects of international tax.
Joe Duffy, John Ryan and Kathryn Stapleton contribute their insight and expertise to the Irish chapter of the Thompson Reuters Global Transfer Pricing Guide.
Thompson Reuters Guide to Transfer Pricing and Tax Avoidance Matheson Law Firm
Chair of the Tax Department, John Ryan, Tax partner, Joe Duffy and Tax associate, Kathryn Stapleton co-author the Ireland chapter of Thompson Reuters Guide to Transfer Pricing and Tax Avoidance.
Transfer Pricing Forum: Transfer Pricing for the International PractitionerMatheson Law Firm
Tax Partner, Catherine O’Meara, wrote an update for Bloomberg Tax on recent developments in Ireland’s transfer pricing rules. The article provides an update on the type of audit activity we are seeing in Ireland under transfer pricing rules, the incorporation of the revised OECD Transfer Pricing Guidelines into Irish law and Ireland’s transfer pricing documentation requirements.
The Legal 500 and The In-House Lawyer Comparative Legal Guide Ireland: TaxMatheson Law Firm
Tax partner, Joe Duffy and Tax associate Tomás Bailey author the In-House Lawyer Comparative Legal Guide Ireland: Tax. This Q&A provides an overview to tax laws and regulations that may occur in Ireland.
Transfer Pricing for the International Practitioner Matheson Law Firm
Since completion of the OECD’s base erosion and profit shifting project in 2015, countries have been reviewing and updating their domestic transfer pricing regimes. Ireland is no different. In this article, Tax partner, Catherine O’Meara, reviews some of the recent developments in Irish transfer pricing and outlines what other changes taxpayers should expect in 2019.
Whilst Ireland’s transfer pricing rules are therefore still relatively new, transfer pricing is becoming an increasing important issue to consider for multinationals operating in Ireland. Matheson’s Joe Duffy and Barry McGettrick discuss the importance of transfer pricing and the rules regarding domestic and international transactions.
Legal Security: Co-Operative Compliance in The United KingdomQUESTJOURNAL
ABSTRACT: This paper explores the co-operative compliance approaches implemented by the Netherlands. The OECD principles on co-operative compliance are the paper’s framework. The Dutch approach on cooperative compliance is analysed with the OECD framework. It is concluded that the Dutch co-operative compliance approach is not creating legal security. This research has created the legal framework for comparing the co-operative compliance approach between countries.
This document discusses recent increased scrutiny of multinational corporations' tax planning policies from media and governments. It summarizes that companies have used increasingly complex tax avoidance strategies to shift profits to low tax jurisdictions, though these strategies may be legal. The OECD and UK government are now seeking changes to international tax rules in response to issues like base erosion and profit shifting. Large companies and their advisors await how these tax issues will be addressed going forward.
Transfer Pricing Forum: Transfer Pricing for the International Practitioner, ...Matheson Law Firm
Joe Duffy, Partner in the Tax Group, and Kathryn Stapleton, Solicitor in the Tax Department, co-wrote the Ireland section for Transfer Pricing Forum: Transfer Pricing for the International Practitioner, September 2016.
Off Payroll Working In Private Sector | Makesworth Accountants in HarrowMakesworth Accountants
New tax rules for individuals working via their own companies for medium or large business. From 6 April 2020, new tax rules are proposed for individuals who provide their personal services via an ‘intermediary’ to medium or large business. An intermediary may be another individual, a partnership, an unincorporated association or a company. The most common structure is a worker providing their services via their own company (PSC) which is the term used in this letter to summarise the rules which will apply to all intermediaries. Similar rules were introduced in 2017 for public sector organisations receiving services from PSCs. The 2020 rules will use the 2017 rules as a starting point which means, in practical terms, that the principles have already been decided but some aspects of the detailed operation of the rules will be decided in a consultation process. Draft legislation has been published which will, subject to consultation, be included in the next Finance Bill.
New laws that affect transfer pricing went into effect in 2018 that will have an effect on 2019 financial reporting. Countries with activities in Denmark, Argentina, Brazil, Saudi Arabia, and Great Britain should be aware of these recent transfer pricing developments.
Prices charged between associated enterprises established in different countries may not reflect an independent market price, which is called transfer pricing. This is a major concern for tax authorities, who worry that MNEs may set transfer prices on cross-border transactions to reduce taxable profits in their jurisdiction. This has led to the rise of transfer pricing regulations and enforcement, making transfer pricing a major tax compliance issue. While there were too much gaps and frictions in the combination of domestic tax rules and the OECD guidelines, the OECD issued its BEPS Action Plan.
BEPS: Action #1 - Addressing the tax challenges of the digital economyAlex Baulf
No new taxes or recommendations unique to the digital economy were suggested by the Organisation for Economic Co-operation and Development (OECD) but the door is still open for unilateral safeguard actions.
In this edition of Regulatory Focus, Duff & Phelps provides a synopsis of the FCA's latest news and publications issued in May 2017.
Highlights include:
MiFID II Topics and Challenges
FCA's increased focus on cyber resilience
Guidance on the Criminal Finances Act 2017
The governments of India and Mauritius signed a protocol in May 2016 to amend their existing double taxation treaty. Key amendments include source-based taxation of capital gains on shares acquired on or after April 1, 2017. A limitation of benefits article introduces tests regarding motive, activity, and expenditures to qualify for a reduced 50% tax rate on capital gains during a two-year transition period. Interest paid to Mauritian banks will now be taxed in India at 7.5% for debt post March 31, 2017. The protocol also provides for improved exchange of information and introduces concepts like taxation of fees for technical services and permanent establishments.
IBSA Webinar on FATCA & Exchange of Information which took place on 27 January 2015. Presented by Ross Belhomme of Saffery Champness (Geneva) and Peter Grant of KPMG (London). To view the webinar on demand, please visit our Bright Talk channel at https://www.brighttalk.com/channel/11641
UAE introducing VAT from January 2018 and this presentation gives full information regarding VAT concepts and applicability. Drop your query to us to discuss more about VAT in UAE at vat@nrdoshi.ae
The key points from the document are:
1. Ireland introduced formal transfer pricing legislation in 2010 that requires transactions between related parties to be conducted at arm's length prices.
2. The Irish transfer pricing rules were substantially updated in 2019 to broaden their scope of application.
3. Under the Irish rules, the taxable profits of companies must be computed based on accounting profits, subject to any adjustments required by law, including transfer pricing adjustments. Adjustments may deem transactions at undervalue to be deemed distributions for company law purposes.
Lexology Getting the Deal Through Air Transport 2020Matheson Law Firm
Finance and Capital Markets partners Rory McPhilips and Stuart Kennedy and senior associate, Stephen Gardiner co-author the Ireland chapter of Getting the Deal Through Air Transport 2020.
Corporate M&A partners Brian McCloskey and Fergus Bolster co-author the Ireland chapter of the International Comparative Legal Guide to Mergers and Acquisitions..
Stuart Kennedy, partner, authors The Assumption of Jurisdiction by the Irish Courts in Cases Involving the Registrar of the International chapter of the Cape Town Convention Journal.
Registry
1. Ireland taxes individuals based on their residence and domicile status. Resident and domiciled individuals are taxed on worldwide income and capital gains. Resident but non-domiciled individuals are taxed on Irish-source income and foreign income remitted to Ireland.
2. Ireland has gift, estate, and wealth transfer taxes called Capital Acquisitions Tax (CAT) imposed on beneficiaries. Rates are 33% but certain transfers like between spouses are exempt.
3. Other relevant taxes include income tax, capital gains tax, universal social charge, value-added tax, stamp duties, and a domicile levy for high-earning non-domiciled individuals.
International Comparative Legal Guide to Private Equity 2019Matheson Law Firm
Corporate partner, Brian McCloskey and Tax partner, Aidan Fahy co-author the Ireland chapter of the International Comparative Legal Guide to Private Equity 2019.
Commercial Litigation and Dispute Resolution partner, April McClements and senior associate, Aoife McCluskey co-author the Ireland chapter of the Class Actions Law Review, 3rd Edition.
Commercial Litigation and Dispute Resolution partner, Julie Murphy O'Connor and senior associate, Kevin Gahan co-author the Ireland chapter of the Insolvency Review, 7th Edition.
International Comparative Legal Guide to Business Crime 2020Matheson Law Firm
Commercial Litigation and Dispute Resolution partners Karen Reynolds and Claire McLoughlin co-author the Ireland chapter of the International Comparative Legal Guide to Business Crime.
Finance and Capital Market partners Rory McPhillips and Stuart Kennedy and senior associate, Stephen Gardiner co-author the Ireland chapter of GTDT Air Transport 2020.
Getting the Deal Through: Insurance Litigation 2019Matheson Law Firm
Litigation partners, Sharon Daly and April McClements and senior associate, Aoife McCluskey author the Ireland chapter of Getting the Deal Through 2019.
Ireland introduced formal transfer pricing legislation in 2010 that broadly applies the arm's length principle to transactions between related parties, requiring the substitution of an arm's length amount for the actual consideration in computing taxable profits. The legislation applies equally to domestic and international transactions but does not apply to small and medium-sized enterprises. An adjustment to the accounting profits for tax purposes under the transfer pricing rules could also result in a deemed distribution under company law if the transaction was undertaken at an undervalue.
The International Investigations Review, Ninth Edition - IrelandMatheson Law Firm
This chapter discusses international investigations in Ireland. It notes that Ireland is generally perceived as having a low level of corruption and as being a secure place to do business. However, Ireland has been criticized for its lack of enforcement in areas like corporate governance and white-collar crime. In response, the Irish government published measures in 2017 to strengthen its response to corporate misconduct. Several of these measures have since been introduced, such as a new corruption offenses act. The chapter also outlines recommendations from a 2018 law reform report, including establishing a corporate crime agency and introducing deferred prosecution agreements. It concludes by noting the increased regulatory oversight and enforcement in Ireland in recent years.
Corporate Governance : Scope and Legal Frameworkdevaki57
CORPORATE GOVERNANCE
MEANING
Corporate Governance refers to the way in which companies are governed and to what purpose. It identifies who has power and accountability, and who makes decisions. It is, in essence, a toolkit that enables management and the board to deal more effectively with the challenges of running a company.
सुप्रीम कोर्ट ने यह भी माना था कि मजिस्ट्रेट का यह कर्तव्य है कि वह सुनिश्चित करे कि अधिकारी पीएमएलए के तहत निर्धारित प्रक्रिया के साथ-साथ संवैधानिक सुरक्षा उपायों का भी उचित रूप से पालन करें।
Capital Punishment by Saif Javed (LLM)ppt.pptxOmGod1
This PowerPoint presentation, titled "Capital Punishment in India: Constitutionality and Rarest of Rare Principle," is a comprehensive exploration of the death penalty within the Indian criminal justice system. Authored by Saif Javed, an LL.M student specializing in Criminal Law and Criminology at Kazi Nazrul University, the presentation delves into the constitutional aspects and ethical debates surrounding capital punishment. It examines key legal provisions, significant case laws, and the specific categories of offenders excluded from the death penalty. The presentation also discusses recent recommendations by the Law Commission of India regarding the gradual abolishment of capital punishment, except for terrorism-related offenses. This detailed analysis aims to foster informed discussions on the future of the death penalty in India.