Raise EIIS cap to boost Iseq, says Euronext letter
Euronext lobbies government to raise tax relief on investments to encourage private companies to go public
The company behind the Irish stock exchange wants more taxpayer money to back private companies in the hope that they will go public in Dublin.
Euronext, the stock exchange’s owner, has lobbied the Department of Finance to raise the limit on tax-relief investments through the Employment and Investment Incentive Scheme (EIIS) from €250,000 to €1 million.
The recommendation is made in a submission to the department as part of a consultation on reforming the EIIS, ...