Tuesday October 20, 2020

Bill will end tax breaks for foreign executives

Minister for Finance Brian Cowen will not row back on his plans to end the government’s favourable tax arrangements for executives of foreign companies based in Ireland in Thursday’s Finance Bill, according to a senior government source.

28th January, 2006

Minister for Finance Brian Cowen will not row back on his plans to end the government’s favourable tax arrangements for executives of foreign companies based in Ireland in Thursday’s Finance Bill, according to a senior government source.

Cowen caused consternation in the business community last December when he announced plans to end the remittance system, which allows executives working for overseas companies in Ireland to pay tax only on the part...

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