Tuesday September 22, 2020

‘Significant changes’ to EIIS rules proposed

Indecon recommends that applications from companies to Revenue be classified as tax returns and confirmation that a company is eligible should be final if information provided is correct and complete

14th October, 2018
Department of Finance planning for lower company tax take in 2019

A report by economic consultants Indecon has recommended to the Department of Finance that “significant changes” are made to the employment and investment incentive scheme (EIIS).

Indecon states that tax relief “should continue” to be provided to facilitate funding for Irish-based SMEs and start-ups but that an amended investment scheme would involve a “simplified application process to facilitate efficient decision making and approval should focus on confirming the eligibility of companies”....

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