Ireland Tax News

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Treaty between Ireland and Chile enters into force

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ECJ: Advocate General finds French legislation on group consolidation excluding lower-tier subsidiaries indirectly owned through companies resident in other Member States justifiable restriction on EC freedom of establishment – details

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ECJ: Advocate General finds French legislation on group consolidation excluding lower-tier subsidiaries indirectly owned through companies in other Member States justifiable restriction on EC freedom of establishment

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OECD released 2008 Model Tax Convention

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Treaty between Chile and Ireland approved by Chilean Congress

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Discussion draft on New Art. 7 of OECD Model – details

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Preliminary ruling requested from ECJ on interpretation of Merger Directive in connection with scheme to avoid Netherlands property transfer tax

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OECD Council approves 2008 Model Tax Convention

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Comments on draft contents of 2008 update to Model Tax Convention published

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Treaty between Thailand and Ireland – negotiations

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European Commission closes infringement procedure against Luxembourg concerning taxation of dividends

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ECJ: Decision by reasoned order in UK CFC and foreign dividend test case

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Draft of 2008 Model Tax Convention – Proposed changes to Commentary to Art. 12 (definition of royalties)

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ECJ: Advocate General finds Belgian rules on inclusion of dividends in taxable base followed by 95% deduction insofar as parent company makes profits incompatible with Parent-Subsidiary Directive – details

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ECJ: Non-deductibility of foreign PE losses in Germany compatible with EC freedom of establishment

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Treaty between Australia and Ireland – ATO: Irish Common Contractual Fund not treaty resident

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ECJ: Netherlands refund regime for investment funds incompatible with EC free movement of capital

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European Commission takes steps against Bulgaria, Portugal, Romania and Spain concerning taxation of dividends

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Finance Act 2008 signed into law

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ECJ: 5% add-back of tax credits for withholding tax at source abroad compatible with Parent-Subsidiary Directive

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European Commission refers Netherlands to ECJ for not exempting dividends paid to companies established in certain EFTA countries from withholding tax

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Finance Bill 2008 – details

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Treaty between Ireland and Vietnam signed

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European Commission takes steps against Belgium for failure to adopt implementing measures of Merger Directive

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European Commission takes steps against Germany, Estonia and Czech Republic regarding taxation of outbound dividends

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Finance Bill 2008 published

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ECJ: Advocate General finds German rules on taxation of cross-border dividends under old imputation system compatible with EC law

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ECJ: Advocate General finds 5% add-back of tax credits for withholding tax abroad compatible with Parent-Subsidiary Directive – details

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European Commission issues communication regarding accession of Bulgaria and Romania to Arbitration Convention

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ECJ: Advocate General finds the 5% add-back of tax credits for withholding tax at source abroad compatible with Parent-Subsidiary Directive

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