Tax Services

Finance (No.2) Act 2008

The Finance (No.2) Act 2008 contains the detailed legislative provisions giving effect to the measures announced in the Budget of October 2008 and also introduces a number of new provisions. Read more

Ernst & Young Tax Services practice consists of four main areas:

• Corporate Tax Services
• Indirect Tax Services
• Human Capital
• Private Wealth Services

Ernst & Young Major changes to EU VAT seminar
Ernst & Young will be hosting a seminar outlining the new EU VAT package that will be implemented by all Member States, including Ireland as of 1 January 2010. For more information and to register for the event, please visit the Major changes to EU VAT seminar page.

Budget 2009
View Ernst & Young's full coverage of Budget 2009. Read more

Investment funds in Ireland 2008
This publication provides a general overview of the investment funds industry in Ireland, including the legal, regulatory and tax regime applicable to the formation and operation of funds in Ireland in 2008. Download our brochure on Investment funds in Ireland 2008 (PDF 3.27MB).

China's income tax law reform
On 16 March 2007, China passed a new Income Tax Law reform. This new law imposes a major change on China’s Corporate Income Tax legislation, bringing about a long awaited unification to the taxation of both domestic and foreign companies. For more information, download China's income tax law reform PDF (1.54MB).

Commission on Tax
A new Commission for Taxation was established by the government on 14 February 2008 to review the structure, efficiency and appropriateness of the Irish taxation system. To find out more, go to our Commission on Tax page.

The trend towards global tax transparency
Just as companies are increasingly globalised, tax authorities are increasingly sharing information across borders. This report, Tax Administration Goes Global, sets out some of the ways in which tax authorities could work with tax departments to better meet the challenges they share and create positive outcomes. Click here to download PDF

Act - 'too agressive and disproportionate'
High taxes encourage avoidance and evasion and in turn avoidance and evasion result in lower tax revenues. Read more of the article, Act - 'too agressive and disproportionate', written by Ernst & Young's PJ Henehan in Finance Magazine's November 2008 issue.

The tax treatment of headquarter and holding companies in Ireland
Irish tax legislation provides for low or no tax on dividends received from foreign subsidiaries. Click here to download PDF

Guidelines on Revenue's service to practitioners and business taxpayers
Revenue recognises that practitioners and business taxpayers need to make contact about a variety of matters on an ongoing basis. Having consulted on the best way to provide a service to practitioners and business taxpayers, Revenue has prepared these Guidelines. Click here to download PDF

Tax treaty developments
Ireland has an extensive tax treaty network consisting of double taxation agreements with 44 countries. The full texts of all Ireland's double taxation agreements are available on the Irish Revenue's website. Additional tax treaties are under negotiation. Read about Tax Treaty Developments

Tax Planning and Compliance Deadlines
Tax legislation is vast and complex. Knowing what needs to be done and when is a vital component of Ernst & Young's tax services. For an overview of the planning opportunities and pitfalls which need to be considered over the next few weeks see
Ernst & Young's Tax Deadlines.

Tax alerts [PDF version]

• Year end considerations
• Finance No.2 Bill 2008 Committee Stage Amendments
• Taxation of international assignees
• New incentive for venture fund managers
• UK High Court judgment - Irish treatment of EU dividends
• R&D tax credit regime
• Finance (No.2) Bill 2008 - Indirect taxes
• Finance (No.2) Bill 2008 - Detailed alert
• Finance (No.2) Bill 2008 - Summary alert
• VAT alert - November 2008 - Debt factoring and invoice discounting: Revenue policy rerevised
• VAT package - Impact on Ireland (PDF 105.39KB)
• Budget 2009 alert (PDF 150KB)
• Budget 2009 - VAT rate increase
• Revenue's manadatory electronic filing

Archived tax alerts