Page 7 - Peter Vale News Today

Global corporate tax overhaul faces rocky road to completion A long road strewn with potential political pitfalls lies ahead for countries seeking to end a race to the bottom on international corporate tax, even though 130 of them have agreed to overhaul the way multinationals are taxed. Nearly all 139 countries involved in talks at the Paris-based Organisation for Economic Cooperation and Development (OECD) last week backed plans for new rules on where companies’ profits are taxed, and a rat...

Concern in Government at possible loss of income tax from non-resident workers

Multiple jurisdictions The Revenue Commissioners said multinational business by its nature involved multiple jurisdictions. “Revenue administer corporation tax on a self-assessment basis, monitored by risk-focused compliance interventions,” the tax authority said. “It is a matter for each company to take decisions and make determinations in respect of its corporation tax obligations having regard to all the facts and circumstances, the relevant governing legislation and the guid...

Smart Money: big manufacturing and service sectors are continuing to grow

Cliff Taylor: Low corporate tax will in future be a much less powerful tool to attract investment into State

Government should be cut some slack given the current crisis, according to economists

The 1994 Eagles single 'Love Will Keep Us Alive' was written during the band's decade-plus hiatus and originally intended for another group.

Income tax receipts rise despite closed businesses and unemployment Exchequer returns also note Covid-fuelled welfare spend of €1.6bn about 3 hours ago   One of the interesting details of April’s exchequer returns was the strength of the income tax receipts at a time when a large part of the economy remains shuttered and 571,111 people were classified by the Central Statistics Office as out of work in March. Income tax brought in €2.12 billion last month, 3 per cent or €62 million ah...

But what about the pass-throughs? 04/12/2021 10:00 AM EDT Editor’s Note: Weekly Tax is a weekly version of POLITICO Pro’s daily Tax policy newsletter, Morning Tax. POLITICO Pro is a policy intelligence platform that combines the news you need with tools you can use to take action on the day’s biggest stories. Act on the news with POLITICO Pro. LET’S TALK ABOUT THE NUMBERS: It’s been a key part of President Joe Biden’s argument for hiking taxes on corporations — current revenue col...

Could Joe Bidens tax plan hit Ireland’s economy? © Getty Images President Biden is proposing a global minimum corporate tax rate which could affect US investment in Ireland Wander around Dublins Grand Canal Quay and you get a sense of how successful the Republic of Ireland has been in attracting US technology companies. Google has its international headquarters across a campus of offices and will soon have more space nearby at the Bolands Mill development. Just across the canal, Facebook h...