Corporate Tax
Irish aviation lessors ask for ‘carve-out’ to soften impact of tax reform
Industry body warns Ireland could lose position as global leader if firms move to other aircraft leasing hubs like the US and Japan
Ireland’s position as the global centre of aircraft leasing could be threatened by the government’s plans to implement a new corporate tax rate, an influential lobby group has warned.
Irish aviation lessors, which collectively manage $100 billion-worth of assets and 60 per cent of the world’s leased aircraft, are concerned that elements of the new global corporate tax agreement could impede their ability to reduce their tax bills in Ireland.
Aircraft Leasing Ireland – which ...