TaxSource Total

Here you can access summary of the key current tax developments in Ireland, the UK and internationally as reported by Chartered Accountants Ireland

The report of key tax developments are displayed per year, per month, by Ireland, the UK or International and by report title

UK based EU agencies on the move

At a meeting of the European Council, procedures were put in place to relocate the European Banking Authority and European Medicines Agency which are both located in the UK. Member States that are interested in hosting the agencies have until 31 July 2017 to submit offers. The 27 EU ministers will vote and secede on relocation in November 2017.

Former Minister for Finance Michael Noonan had offered Ireland as a possible new location for the European Banking Authority post Brexit. The authority was established in 2011 to help create a single market for the EU banking sector and looks after regulatory policy, risk assessment as well as financial innovation.