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

Institute’s response to OECD’s GloBE Consultation under Pillar Two

Under the auspices of CCAB-I, the Institute responded to the OECD Secretariat’s consultation on the Global Anti-Base Erosion (GloBE) Proposal under Pillar Two to taxing the digital economy. The observations of CCAB-I can be summarised as follows:

  • We have concerns that the proposals will be a barrier to growth for businesses and economies.
  • The impact of the 2015 BEPS initiatives should be allowed more time to ingrain into the Inclusive Framework jurisdictions before the international tax rules are re-written again.
  • A global minimum tax rate would impede on a country’s sovereign right to set its own tax rates.

The response is published on here.