At the beginning of October, the Irish Government issued an update on the International Tax Strategy coupled with the first draft of the 2016 Budget. The new Irish International Tax Strategy is very well positioned for the post base erosion profit shifting (BEPS) measures suggested by the Organization for Economic Co-operation and Development. You can ask our specialists in company formation in Ireland for information related to the country’s taxation system.
The Government is planning to take new measures for the reduction of the Irish income tax after a business group and a political party have called for a major reform of the Tax Code. The two parties have proposed similar measures which has determined the Government to start debating on a reduced rate for income tax. Our specialists in company formation in Ireland can offer you an insight of the current taxation system.
At the beginning of October, the Industrial Development Agency has launched the “Invest in Cork” program which is meant to attract foreign investors to this region of Ireland by calling their attention to the features of urban centers. This is the eight phase of the program. For detailed information about the project and all its stages you can ask our experts in company formation in Ireland.