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#Tax

From TheJournal.ie Aer Lingus owner IAG announces pre-tax loss of €4.2 billion Covid Hit

Aer Lingus owner IAG announces pre-tax loss of €4.2 billion

IAG’s revenue was a total of €5.3 billion, some 56% lower than 2019’s levels.

From TheJournal.ie Apple and Ireland win appeal against European Commission's €13 billion tax ruling Decision Time

Apple and Ireland win appeal against European Commission's €13 billion tax ruling

The European Commission previously ordered the US company to hand back €13 billion in unpaid tax.

From TheJournal.ie 'A bad day for the taxpayer': Opposition TDs accuse government of 'throwing away' Apple's €13 billion Tax

'A bad day for the taxpayer': Opposition TDs accuse government of 'throwing away' Apple's €13 billion

Apple and Ireland won their appeal against the European Commission’s €13 billion tax ruling.

From TheJournal.ie Paying back tax on the wage subsidy scheme: Revenue's plans aim to 'minimise any financial hardship' Tax

Paying back tax on the wage subsidy scheme: Revenue's plans aim to 'minimise any financial hardship'

Money received under the wage subsidy scheme is taxable, but that tax liability won’t come until the end of the year.

From TheJournal.ie TDs to be told that 'higher taxes' are necessary to offset the economic fallout from Covid-19 Checks And Balances

TDs to be told that 'higher taxes' are necessary to offset the economic fallout from Covid-19

A number of organisations and government departments will update TDs on the fallout from Covid-19 today.

From TheJournal.ie 19,000 people close pandemic payment due to claiming it 'in error' Wages

19,000 people close pandemic payment due to claiming it 'in error'

The government says the temporary wage subsidy scheme is not being taxed at the time at which you receive it.

From TheJournal.ie Debt and taxes: Here's what the parties want to do to people's tax burdens Pay Packet
From TheJournal.ie USC will not be abolished if Fianna Fáil enter government Here To Stay

USC will not be abolished if Fianna Fáil enter government

The taxpayer was led to believe the USC was a temporary tax, imposed to see us through the dark days.

From TheJournal.ie Michael Lowry says 'slanderous, vicious, malicious, vindictive, false allegations' were made in Dáil about his tax affairs Michael Lowry

Michael Lowry says 'slanderous, vicious, malicious, vindictive, false allegations' were made in Dáil about his tax affairs

The Independent TD called on Paul Murphy TD to withdraw his comments.

From TheJournal.ie Revenue experiencing more issues with online system after extending pay and file deadline Revenue

Revenue experiencing more issues with online system after extending pay and file deadline

Revenue extended the deadline to 6pm today after experiencing technical difficulties yesterday.

From TheJournal.ie Revenue extends pay and file deadline after issues with online system Tax

Revenue extends pay and file deadline after issues with online system

ROS was unavailable for a period of time this afternoon while Revenue’s technical team refreshed the system.

From TheJournal.ie 'I've concerns about the level of tax they're paying': Property investment firms to be hit with tax avoidance clampdown tonight REITs
From TheJournal.ie Judge rejects Trump's 'extraordinary' immunity claim, says prosecutors can see tax returns Stormy Daniels
From TheJournal.ie Just over two weeks out from the Budget, what can we expect? Budget 2020

Just over two weeks out from the Budget, what can we expect?

All will be revealed on 8 October.

From TheJournal.ie Trump sues in New York in attempt to block public release of tax returns Tax Returns

Trump sues in New York in attempt to block public release of tax returns

Trump’s attorneys filed a lawsuit against Manhattan District Attorney Cyrus R Vance Jr.

From TheJournal.ie Poll: Should the government stop funding greyhound racing? Your Say This post contains a poll

Poll: Should the government stop funding greyhound racing?

An RTÉ investigation has claimed almost 6,000 greyhounds were killed for not racing fast enough in 2017.

From TheJournal.ie Leo Varadkar says plan to raise top tax rate to €50k may have to wait Tax Cuts

Leo Varadkar says plan to raise top tax rate to €50k may have to wait

The Taoiseach defended the policy but said it may not happen immediately.

From TheJournal.ie Only 26 sites told to pay vacant site levy in Dublin city so far this year Vacant Sites

Only 26 sites told to pay vacant site levy in Dublin city so far this year

Minister Eoghan Murphy has recently claimed that evidence so far of development shows the vacant site levy is working.

From TheJournal.ie ESRI warns that carbon taxes 'often regressive in nature' Climate Change

ESRI warns that carbon taxes 'often regressive in nature'

The government is looking at two models to increase carbon tax and offset the cost to householders.

From TheJournal.ie Revenue reviewed Top 100 Rich List ahead of decision to increase focus on wealthy individuals' tax affairs High Wealth

Revenue reviewed Top 100 Rich List ahead of decision to increase focus on wealthy individuals' tax affairs

The PAC was told the list proved ‘beneficial’ to Revenue.

From TheJournal.ie €21.1 million owed by tax defaulters in the first three months of the year Defaulters

€21.1 million owed by tax defaulters in the first three months of the year

Two cases involved sums of over €1 million.

From TheJournal.ie Consultants at Cork and Galway hospitals failed to provide evidence of tax compliance SIPO

Consultants at Cork and Galway hospitals failed to provide evidence of tax compliance

Sipo investigated the doctors after they missed a deadline by which they had to reply.

From TheJournal.ie Substitute teachers refunded after some overtaxed by over €1,200 Tax Credits

Substitute teachers refunded after some overtaxed by over €1,200

The issue was caused by a payroll system error that reduced their tax credits to zero.

From TheJournal.ie Star Wars movie receives €3.43m in tax credits from Revenue The Last Jedi

Star Wars movie receives €3.43m in tax credits from Revenue

The shooting of scenes on Skellig Michael and elsewhere has provided a boost to the Irish tourism industry.

From TheJournal.ie VAT on vitamins and supplements won't jump to 23% - at least until November U-turn

VAT on vitamins and supplements won't jump to 23% - at least until November

An increased rate on some food supplements was due to kick in on Friday.

From TheJournal.ie Hungary to give women with 4 or more children lifelong tax exemption Promises

Hungary to give women with 4 or more children lifelong tax exemption

Viktor Orban announced that and other measures during his “state of the nation” address.

From TheJournal.ie Apple agrees €500 million tax settlement with France Payback

Apple agrees €500 million tax settlement with France

Apple is one of several American technology giants in the line of fire in Europe over their tax strategies.

From TheJournal.ie Judge questions whether property developer who owes over €1m accepts responsibility for tax offences Court

Judge questions whether property developer who owes over €1m accepts responsibility for tax offences

The matter has been adjourned until 18 February.

From TheJournal.ie 'Deeply shocking': Substitute teachers wrongly overtaxed after new system kicks in Pay Issues

'Deeply shocking': Substitute teachers wrongly overtaxed after new system kicks in

The issue has affected a number of substitute teachers who were paid in the first and second pay runs of 2019.

From TheJournal.ie Leo Varadkar tells Davos that Ireland has 'closed down' tax loopholes and is raking it in as a result World Economic Forum

Leo Varadkar tells Davos that Ireland has 'closed down' tax loopholes and is raking it in as a result

Varadkar told the World Economic Forum that Ireland has never taken in so much corporation tax.

From TheJournal.ie Ronaldo accepts €18.8m fine for tax evasion Spain

Ronaldo accepts €18.8m fine for tax evasion

Prosecutors accused him of having used companies in low-tax foreign jurisdictions, including Ireland, to evade tax.

From TheJournal.ie Here are just some of the problems facing the Taoiseach as TDs head back to the Dáíl Back To Work

Here are just some of the problems facing the Taoiseach as TDs head back to the Dáíl

In what could be Leo Varadkar’s toughest year yet, there are a number of huge issues barrelling towards him from day one.

From TheJournal.ie Fine Gael ministers discussed US corporations paying 'little or no tax' here in the 1980s State Papers

Fine Gael ministers discussed US corporations paying 'little or no tax' here in the 1980s

A letter from John Bruton to Alan Dukes has been released to the national archives.

From TheJournal.ie More homeowners will have to pay property tax if government decides to scrap exemption Lpt Reform

More homeowners will have to pay property tax if government decides to scrap exemption

The Taoiseach said it is unfair that some pay while others do not.

From TheJournal.ie Shakira charged with tax evasion in Spain Paradise Papers

Shakira charged with tax evasion in Spain

The musician allegedly failed to pay more than €14.5 million between 2012 and 2014.

From TheJournal.ie Taoiseach vows to close loophole that allows €1.3bn mortgage 'vehicle' not to pay tax Mortgage Sell-off

Taoiseach vows to close loophole that allows €1.3bn mortgage 'vehicle' not to pay tax

Last week, PTSB bank bosses confirmed that the ‘special purpose vehicle’ which more than 6,000 of its mortgages have been transferred to will be exempt from tax.

From TheJournal.ie Calls for naming and shaming of tax defaulters who do not pay their settlements Death And Taxes

Calls for naming and shaming of tax defaulters who do not pay their settlements

From 2016 to May 2018, Revenue received a total of 9,721 ‘good citizen reports’ about suspected tax evasion.

From TheJournal.ie Roscommon County Council takes hit as Revenue publishes latest tax defaulters list Revenue

Roscommon County Council takes hit as Revenue publishes latest tax defaulters list

The council settled for nearly €500,000 over under-declaration of VAT.

From TheJournal.ie The yellow vests: Dozens block fuel depot as PM to meet with protesters France

The yellow vests: Dozens block fuel depot as PM to meet with protesters

Around 1,000 students shouting “Macron resign!” demonstrated in the city of Nice today – some wearing high-vis jackets.

From TheJournal.ie Paris police use tear gas and water cannon on anti-Macron tax protesters En Marche

Paris police use tear gas and water cannon on anti-Macron tax protesters

Tens of thousands are expected on the streets of Paris today to protest against rising fuel prices and tax measures.

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