In Irish tax developments, the Department of Finance published the Finance (COVID-19 and Miscellaneous Provisions) Bill 2022 and the Exchequer released figures to the end of February showing tax revenues of €10.1 billion. On the UK front, we want to hear your views on two key UK consultations: the Office of Tax Simplification’s new review of tax simplification and the implications and impact of tax complexity and Pillar Two in the UK. In International news, the OECD release the third batch of updates to the transfer pricing country profiles.
Ireland
- The Finance (COVID-19 and Miscellaneous Provisions) Bill 2022 was published by the Department of Finance on Friday, 4 March 2022. Read our coverage of the latest amendments.
- Latest Exchequer figures show that tax revenues to the end of February were €10.1 billion, a 20 per cent increase on the prior year. Read more about the latest figures.
UK
- In response to the Office of Tax Simplification’s review of tax simplification, we’d like to hear your views.
- The UK Government is seeking views on the implementation of Pillar 2 in the UK, which will help to ensure multinational enterprises operating within the UK pay a global minimum level of tax (15 per cent) via a consultation which closes next month. Let us know your thoughts.
International
- The OECD has released the third batch of updates to the transfer pricing (TP) country profiles for 2021/2022. Read more.
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