Tuesday, 10 October 2017
Financial Resolution No. 3: Intangible Assets
(1) THAT section 291A of the Taxes Consolidation Act 1997 (No. 39 of 1997) be amended in subsection (6)(a) by substituting “exceed 80 per cent of” for “exceed”.
(2) THAT paragraph (1) of this Resolution applies to expenditure incurred by a company on or after 11 October 2017.
(3) IT is hereby declared that it is expedient in the public interest that this Resolution shall have statutory effect under the provisions of the Provisional Collection of Taxes Act 1927 (No. 7 of 1927).
In September this year, the Minister for Finance published the report of Mr. Seamus Coffey entitled, Review of Ireland's Corporation Tax Code. As part of his review, it was recommended that the increase in corporation tax receipts can be expected to be sustainable up to and including-----