Funds industry on alert over proposed tax-avoidance clampdown
Government liaising with the Revenue over potential abuse
The government is considering a wider budget clampdown on tax-avoiding vehicles used by international funds that own billions of euro worth of assets in Ireland, The Sunday Business Post has learned.
The wider funds industry is on high alert at the move, confidential client briefing notes prepared by expert advisers and seen by this newspaper show. A government source confirmed this weekend that it is liaising with the Revenue over potential abuse of the structures,...
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Tom Maguire: Tax changes we make now could help business for years
The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures