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Northern Ireland Corporation Tax will Not be Implemented from April 2018

|Approved Changes|United Kingdom
United Kingdom

After the parties concerned failed to reach agreement on reestablishing the Northern Ireland Executive, the UK government will reportedly prepare a budget for Northern Ireland and certain devolved powers are put on hold. One of the main tax-related impacts of this is that the Northern Ireland Corporation Tax regime (12.5% rate) will not be implemented from April 2018 as previously planned ({News-2018-02-02/A/5-previous coverage}). Talks to reestablish the Northern Ireland Executive will resum…

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