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

Commission on Taxation Proposed as New Government Formed

Emerging from the documentation surrounding the formation of our new Government is a proposal to establish a Commission on Taxation.

The last time a comparable commission was formed was during the 1980's. The remit of the commission now proposed might apparently include:

  • Examine the balance achieved between taxes collected on income, capital and spending, and report on it;
  • Review all tax expenditures with a view to recommending the discontinuation of those that are unjustifiable on cost/benefit grounds;
  • Consider options for the future financing of local government;
  • In the context of maintaining a strong economy, investigate fiscal measures to protect and enhance the environment including the introduction of a carbon tax.