Knowledge Development Box feedback from Department of Finance
The Department of Finance published its “Feedback Statement” in response to the Knowledge Development Box (KDB) submissions received under the public consultation. The response sets out the key issues for the overall design of the Irish KDB within the confines of the OECD parameters for fair tax competition.
Nearly 40 written submissions were made under the consultation, one of which includes the submission from this Institute as a member of CCAB-I.
We can expect legislation for the KDB in Finance Bill 2015.
You can read the full response from the Department of Finance on their website.