Michael Mullins of HLB Nathans reports on the Irish Finance Act which was enacted on 28 March 2003
The Irish Finance Act 2003 was published on 28 March 2003. It was generally felt that for political reasons the Minister was reluctant to increase tax rates and therefore he was attempting to balance his books by more stealthy methods such as increasing indirect taxation removing indexation reliefs spreading out capital allowances over a longer number of years and abolishing certain tax incentives. The good news is that the Minister remains firmly committed to the 12.5% corporation tax rate.
Tax Rates And Personal Credits
The Act retains the current income tax rates and corporation...
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Michael Mullins of HLB Nathans reports on the Irish Finance Act which was enacted on 28 March 2003
The Irish Finance Act 2003 was published on 28 March 2003. It was generally felt that for political reasons the Minister was reluctant to increase tax rates and therefore he was attempting to balance his books by more stealthy methods such as increasing indirect taxation removing indexation reliefs spreading out capital allowances over a longer number of years and abolishing certain tax incentives. The good news is that the Minister remains firmly committed to the 12.5% corporation tax rate.
Tax Rates And Personal Credits
The Act retains the current income tax rates and corporation...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
