How to survive when tax and the Jurassic economy collide

We need to ask the right questions now, as two new tax consultations going through the Department of Finance will affect future spending and taxation

17th January, 2021
How to survive when tax and the Jurassic economy collide
On budget night last October, Paschal Donohoe, Minister for Finance, said: “A deficit of €21.5 billion, or 6.2 per cent is currently projected for 2020.”

Two tax consultations were issued by the Department of Finance last month and choices will have to be made as a result.

One consultation deals with investing in companies through the Employment Investment Incentive (EII) and the other with financing companies through an EU directive requiring the restriction of certain financing costs. We’ll focus on the latter, but first: context.

We recently learned that the Department of Finance is hoping for a better-than-expected...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month, €19.99 Monthly thereafter

Get basic

*New subscribers only

You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

2 Yearly



Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

NTMA paid Davy €14.2m in seven years before Anglo Irish bond scandal

Square deal on the cards for Irish businesses, says firm’s European executive director

‘Very serious’ Davy breaches not criminal offences, says Central Bank

Dolphin Trust assets worth ‘a fraction’ of funds raised, Irish liquidator warns investors