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Does Green Reit buyer have tax-back case?


Does Green Reit buyer have tax-back case?
Commission’s determination on Abbvie case must have piqued Henderson Park’s interest
Tue, Jan 19, 2021, 04:51
A Green Reit sign at a former development site at Molesworth and Dawson Street in Dublin. Photograph: Cyril Byrne
 
Abbvie, the US pharmaceuticals giant landed with a €500 million-plus Irish tax bill last year as it was caught in the crossfire of a crackdown on a certain type of takeover, must be mightily glad it has won an appeal.
Surely it’s only a matter of time before the real target – the purchaser of Green Reit – demands a refund. ....

United Kingdom , Green Reit , Henderson Park , Commercial Property , Paschal Donohoe , Irish Tax Appeals Commission , Tax Appeal Commission , ஒன்றுபட்டது கிஂக்டம் , பச்சை ரேட் , ஹென்டர்சன் பூங்கா , வணிகரீதியானது ப்ராபர்டீ , பாஸ்கல் தொனொோே , ஐரிஷ் வரி முறையீடுகள் தரகு , வரி முறையீடு தரகு ,

Abbvie wins appeal against €500m-plus Irish stamp duty


 
US pharmaceuticals giant AbbVie has won an appeal against an unexpected €500 million-plus Irish stamp duty bill it was left with in relation to its takeover of Dublin-domiciled peer Allergan last year.
The Irish Tax Appeals Commission published its determination in the case on its website in recent days in a heavily-redacted document that does not name the appellant.
“The Commissioner determines that the assessment raised under section 31D of the SDCA (Stamp Duties Collection Act 1999) should be reduced to nil,” said Marie-Claire Maney, chairperson of the Tax Appeals Commission. “The appellant should not have received the assessment in respect of the transaction, as this came within the definition of restructuring operations.” ....

New York , United States , United Kingdom , Marie Claire Maney , Tax Appeals Commission , Stamp Duties Collection Act , Green Reit , Henderson Park , Tax Appeals , Public Finances , Derek Moran , Paschal Donohoe , Department Of Finance , High Court , Irish Tax Appeals Commission , Public Accounts Committee , New Jersey , New York City , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , ஒன்றுபட்டது கிஂக்டம் , மேரி கிளாரி மேனி , வரி முறையீடுகள் தரகு , முத்திரை கடமைகள் சேகரிப்பு நாடகம் , பச்சை ரேட் , ஹென்டர்சன் பூங்கா ,