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Jan 15, 2025 | 
mondaq.com | Fintan Clancy |Orlaith Kane |David Kilty |Elaine Mooney
Our market-leading tax group provides high-value, fullycomprehensive and commercial advice to a wide range of domestic andinternational clients operating in all sectors of the Irisheconomy, either as part of the firm's wider legal practice orstand-alone guidance, based on our clients' needs. As we start a new year, we present a look back at the work,legal developments and team growth that kept us busy in 2024. Elaine Mooney has been elevated to thepartnership from 1 January 2025.
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Nov 19, 2024 | 
mondaq.com | Ailish Finnerty |Orlaith Kane |David Kilty |Mary Dineen
CJEU again upholds the supremacy of legal professional privilege over national disclosure requirements of taxpayer information pursuant to DAC 6 In response to a preliminary reference from Luxembourg, the Court of Justice of the European Union (CJEU) has found that legal advice in company law matters falls directly within the scope of Article 7 of the Charter of Fundamental Rights of the European Union (the “Charter”), and a request for a lawyer to provide confidential information on these...
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Oct 17, 2024 | 
mondaq.com | Ailish Finnerty |David Kilty |Orlaith Kane |Mary Dineen
The Irish Finance Bill 2024 has been published. It
contains the measures announced by the Irish Minister for Finance
in his Budget speech on 2 October 2024, in addition to other
changes to Irish tax legislation.
The Finance Bill 2024 (the "Finance
Bill") has been published and completed the first
Stage of the legislative process.
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Oct 16, 2024 | 
lexology.com | Fintan Clancy |Ailish Finnerty |David Kilty |Orlaith Kane |Mary Dineen
The Irish Finance Bill 2024 has been published. It contains the measures announced by the Irish Minister for Finance in his Budget speech on 2 October 2024, in addition to other changes to Irish tax legislation. The Finance Bill 2024 (the “Finance Bill”) has been published and completed the first Stage of the legislative process.
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Oct 15, 2024 | 
mondaq.com | Ailish Finnerty |Orlaith Kane |David Kilty |Mary Dineen
AC
Arthur Cox
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Arthur Cox is one of Ireland’s leading law firms. For almost 100 years, we have been at the forefront of developments in the legal profession in Ireland. Our practice encompasses all aspects of corporate and business law. The firm has offices in Dublin, Belfast, London, New York and Silicon Valley.
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Oct 14, 2024 | 
mondaq.com | Ailish Finnerty |David Kilty |Orlaith Kane |Kenneth Egan
AC
Arthur Cox
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Arthur Cox is one of Ireland’s leading law firms. For almost 100 years, we have been at the forefront of developments in the legal profession in Ireland. Our practice encompasses all aspects of corporate and business law. The firm has offices in Dublin, Belfast, London, New York and Silicon Valley.
As part of Budget 2025, the Minister for Finance announced two stamp duty rate increases that are effective from 2 October 2024.
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Oct 14, 2024 | 
lexology.com | Fintan Clancy |Simon Hannigan |Kenneth Egan |Deirdre Barrett |Brian O’Rourke |Deirdre A. Sheehan | +4 more
The Finance Bill has brought some clarity to the application of the 6% “mansion tax” rate of stamp duty to residential property. The increased rate of stamp duty on bulk purchases of residential units has also been included in the Bill. Application of 6% rate to residential property The new 6% rate will apply to consideration over €1.5 million when the consideration is attributable to two or less apartments in an “apartment block” (one which has three or more apartments in it).
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Oct 9, 2024 | 
lexology.com | Fintan Clancy |Mary Dineen |Ailish Finnerty |Orlaith Kane |David Kilty
The Irish High Court overturns the Determination of first tier Tax Appeal Commissioner to conclude that that a Delaware LLC was not “liable to tax” and therefore not “resident” within Article 4 of the US/Ireland Double Tax Treaty.Consequently, three Irish subsidiaries were not entitled to rely on Irish group loss provisions or Article 25 of the US/Ireland Double Tax Treaty.
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Oct 2, 2024 | 
lexology.com | Fintan Clancy |Ailish Finnerty |David Kilty |Orlaith Kane |Kenneth Egan |Brian O’Rourke | +4 more
As part of Budget 2025, the Minister for Finance announced two stamp duty rate increases that are effective from 2 October 2024. Rate IncreasesThe two stamp duty rate increases (the “New Measures”) are:An increase in the higher rate of stamp duty that applies on the “bulk purchase” of ten or more residential units (excluding apartments) in a twelve-month period from 10% to 15%. The introduction of a third rate of stamp duty on the sale of residential properties valued at more than €1.5 million.
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Sep 13, 2024 | 
mondaq.com | Ailish Finnerty |David Kilty |Orlaith Kane |Pearse Ryan
The Court of Justice of the European Union (CJEU),
sitting as the Grand Chamber has handed down its judgment in the
Apple case.
In 2016 the European Commission concluded that Ireland granted
illegal State aid to two Apple group subsidiaries in two tax
rulings granted in 1991 and 2007. The General Court had annulled
this Decision, but the CJEU has upheld the Commission Decision in
full and given final judgment on the matter with no remittance back
to the General Court and no ability to appeal.
