Building Ireland’s Knowledge Box

Damien Flanagan, Director, KPMG (left) and Ken Hardy, Partner, KPMG (right)

The Department of Finance’s public consultation on the design of the Irish Knowledge Development Box (KDB) concluded in April; feedback was subsequently requested in response to drafted proposals.

KPMG’s tax practice has responded to the draft proposals around the design of the KDB and how it might best complement the existing R&D tax credit.

Ken Hardy, R&D incentives tax partner, said, “While the minister is hoping to develop a best-in-class offering, the OECD ...