Peter Vale

35 results

Minister for Finance Michael Noonan says he wants to ensure the Irish scheme represents “a best in class offering”. Photograph: Eric Luke
‘Knowledge box’ tax rate likely to be 5%

The Government is likely to consider adopting a corporate tax rate of 5 per cent on its proposed knowledge development box, putting it on a par with t(...)

Minister for Finance Michael Noonan says Government agrees with OECD that there is no point in establishing special tax code for the digital economy. Photograph: Matteo Bazzi/EPA
Ireland has 'nothing to fear' from OECD proposals

Government ministers insisted today that Ireland had nothing to fear from OECD proposals to clampdown on multinational tax avoidance.Ireland has been (...)

Google offices in Barrow Street, Dublin. Despite having substantial operations in the UK and elsewhere, Google’s taxable presence is deemed to be in Ireland. Photograph: Cyril Byrne
Net closing on tax affairs of multinationals

Governments across the world are annoyed by the sight of multinationals doing business within their economies yet paying little or no tax there(...)

The Government spent €60.08 billion up to the end of November, 0.8 per cent less than in the same period in 2012, and 4.4 per cent less than its target of €62.85 billion.
Extra jobs boosting income tax take and spending, say analysts

Exchequer returns showing a boost to income taxes and VAT yesterday sparked claims that increased employment and earnings are starting to feed through(...)

Alan McQuaid of Merrion Stockbrokers said the figures indicated it was likely that the budget deficit outturn as a percentage of GDP would once more be lower than the figure officially targeted. Photograph: Aidan Crawley
Mixed reaction to exchequer return figures

There was mixed reaction yesterday to the news that tax revenues for the State are running 1 per cent ahead of targets.Some analysts suggested that th(...)

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