Companies
Increase tax relief on employee share schemes to €20,000 or lose FDI, business groups warn
Department of Finance told it must increase tax efficiency of share plan structures for multinational corporations if IDA Ireland is to keep winning investment
Ireland needs to improve its share-based pay schemes for high-skilled workers or risk losing multinational investment, powerful lobbyists have warned.
Correspondence seen by the Business Post shows that business groups are urging the government to increase the tax relief ceiling on share awards up to €20,000 a year in a bid to remain competitive now that the corporate tax rate has increased to 15 per cent.
PwC, the professional services firm, said increasing the tax ...
