Wind farm can shelter up to €150,000
For the second successive year, the Limerick-based firm HLB McKeogh Gallagher Ryan is advising the promoters of the Tullabrack Windfarm, in County Clare, on its EIIS private placing investment opportunity.
It will appeal to higher-rate taxpayers seeking a vehicle to efficiently shelter a portion of their taxable income using EIIS relief.
Investors can invest up to €150,000, and larger investment units mean investors can shelter total taxable income with one investment.
Under tax ...