Losses
Losses A trading loss incurred in an accounting period may be offset against trading profits which have arisen in the same period. The ...
Category Archives: Corporate Tax
Tax Obligations
Tax Implications of Establishment In broad terms, the establishment of an Irish subsidiary would be required to maintain access to the ...
Irish Corporation Tax
Scope of Corporation Tax Irish Corporation tax is charged on the profits and gains of an Irish resident company. It is also charged on ...
Corporate Residence
Tax Residence A company or other corporate is deemed resident in Ireland if it is managed and controlled in Ireland. An Irish ...
R&D and IP Reliefs
Qualifying Research and Development Irish company tax provides relief for qualifying research and development expenditure. There is a ...
Capital Allowances
Traditional Capital allowances/ Depreciation As in the United Kingdom depreciation in the accounts is added back in the trading income ...
Holding Company Location
Dividends from Abroad Dividends paid out of trading profits from abroad are subject to 12.5 % rate where the company concerned is ...
Anti-Avoidance
Close Companies As in the UK, a close company is subject to provisions designed to counteract some corporation tax advantages ...
Withholding Obligations
Dividends and Distributions A company making a distribution must within 14 days of the end of the month make a return to Revenue ...
Administration
Corporation Tax Administration Companies are generally assessed on the basis of an annual accounting period. Adjustments are made where ...