Help Clear search
The phrase "BREXIT" was automatically detected. Click here to run the search without automatically detecting phrases.
134 results (download list)
Sort by
Show

TaxFax - 19 March 2021

Bulletins, Reports and Submissions Irish Tax Institute
2021-03-19
Brexit: Commission sends letter of formal notice to the UK for breach of Protocol … The European Commission has sent a Letter of Formal Notice to the UK for breaching the substantive provisions of the Protocol on Ireland and Northern Ireland, as well as the good faith obligation under the Withdrawal Agreement.... ...On 3 March 2021, the UK government stated its intention to unilaterally delay the full application of the Protocol on Ireland and Northern Ireland concerning the mov
...

TaxFax - 6 November 2020

Bulletins, Reports and Submissions Irish Tax Institute
2020-11-06
This week, the Institute submitted its views on strategic issues for consideration as the Department of Enterprise, Trade and Employment prepares its Statement of Strategy for 2021-2023. In the context of the ongoing COVID-19 pandemic and the possibility of a ‘no trade deal’ Brexit, the Institute set out a number of recommendations for consideration, including:
...

TaxFax - 26 February 2021

Bulletins, Reports and Submissions Irish Tax Institute
2021-02-26
Brexit: update to Film Withholding Tax Manual …  Manual has been updated to reflect that Film Withholding Tax (FWT) now applies to UK resident artistes following the end of the Brexit transition period. FWT is a withholding tax on certain payments made by companies that qualify for the section 481 Film Tax Credit. The withholding tax should be operated by any film or television producer company (including the qualifying company through which they make the film), who engages... … Brexit: Withdrawal Agreement Joint Committee meeting
...

TaxFax - 8 January 2021

Bulletins, Reports and Submissions Irish Tax Institute
2021-08-01
In relation to Brexit, over 76,942 businesses acquired an Economic Operator and Identification (EORI) number and there are now 735 Revenue staff in Brexit-related roles.  … Brexit: End of transition period and Customs procedures developments … Brexit: Convention on Social Security with the UK brought into effect … Revenue has updated the following Customs Procedures Manuals to incorporate changes arising from Brexit and the end of the transitional period on 31 December 2020:
...

TaxFax - 5 February 2021

Bulletins, Reports and Submissions Irish Tax Institute
2021-02-05
...UK from the EU, by virtue of the amendment made by section 51 of the Withdrawal of the United Kingdom from the European Union (Consequential Provisions) Act 2020. The Institute recommended these amendments in our submission to the Department of Finance for consideration in the drafting of the Brexit Omnibus Bill last September.
...

TaxFax - 2 October 2020

Bulletins, Reports and Submissions Irish Tax Institute
2020-10-02
On Thursday, Minister for Finance, Paschal Donohoe T.D. met with the Oireachtas Committee on Budgetary Oversight to discuss the Budget forecasts and priorities, debt sustainability, Brexit, pandemic-related support from the EU, and international corporate tax reform. … Additionally, the prospect of a disorderly end to the Brexit transition period is also adding complexity to Budget decisions. The Department of Finance is projecting GDP growth of 1.5%, while Modified Domestic Demand will increase by around 4% next year. All projections have been made on the assumption that broad access to a vaccine will not... … This week, the Department of Finance also published the economic forecasts that will underpin Budget 2021, which have been endorsed by the Irish Fiscal Advisory Council. The forecasts show that both COVID-19 and a disorderly end to the Brexit transition period will have a significant impact on the Irish economy. … Brexit: Revenue contact businesses raising concerns about level of Brexit readiness
...

TaxFax - 18 September 2020

Bulletins, Reports and Submissions Irish Tax Institute
2020-09-18
...T.D., outlined the areas of focus for Budget 2021, which will be presented on Tuesday, 13 October. Budget 2021 will focus on providing further support to the economy, prioritising the management of the COVID-19 crisis and will be based on the assumption of a disorderly Brexit. Any further measures will be targeted at the three priorities in the Programme for Government – health, housing, and climate change. … The Budget 2021 Tax Strategy Group (TSG) Papers were published this week. The 12 TSG papers which cover topics including Income Tax, Corporation Tax, PRSI for Self Employed Workers, Brexit Readiness Customs and Excise Issues and Response to COVID 19, explore various options for tax policy changes in Budget 2021.   … ...in respect of the introduction of the ATAD interest limitation rule, while Ireland remains of the view that the extended deadline of 1 January 2024 should apply, work has commenced to bring forward the transposition process. The effects of the COVID-19 pandemic and the expected end of the Brexit transition period at the end of December 2020 are being considered in progressing the transposition. Considering these factors, the TSG indicates that it may be appropriate to continue to make progress on transposition in 2020, with a view to producing a detailed Feedback Statement for consultation with stakeholders... … Brexit seminars – Revenue booklet on information sessions on 5 and 6 October
...

TaxFax - 22 January 2021

Bulletins, Reports and Submissions Irish Tax Institute
2021-01-22
Brexit: Businesses urged to avail of Government supports … Minister for Trade Promotion, Digital and Company Regulation, Robert Troy T.D., has urged businesses to avail of the financial grants and advisory services to help them to respond to post-Brexit challenges.  … For companies that trade on an all-island basis, the advisory service run by InterTradeIreland and their Brexit Planning voucher which can also be used for customs facilitation. … Brexit webinars offered by Government Departments and Agencies, which are available on the Brexit Information Hub page,
...

TaxFax - 2 July 2021

Bulletins, Reports and Submissions
2021-07-05
in the coming months and years, whether that is in relation to the fallout from the pandemic, Brexit or the ongoing discussions taking place at the OECD on the future of international taxation. … Revenue press release updating on six months post-Brexit …  https://www.eventbrite.ie/e/brexit-six-months-on-tickets-160934251679 …  https://www.revenue.ie/en/corporate/press-office/press-releases/2021/pr-070121-revenue-update-6-months-post-brexit.aspx
...

TaxFax - 16 July 2021

Bulletins, Reports and Submissions Irish Tax Institute
2021-07-16
According to the Central Bank, the risk of market participants committing market abuse has increased due to factors such as post-Brexit growth, new technologies, and pandemic-related issues. The Central Bank review examined how regulated firms, issuers, and entities who act on behalf of issuers, are meeting their obligations under the MAR to ensure organisational arrangements are effective in mitigating the risk of market abuse and ensuring market...
...