The Taxation of Companies 2011 2011

Irish Corporation Tax. This KEY book provides the most comprehensive analysis and commentary available on the taxation of companies in Ireland. This new edition is updated to the latest Finance Act. An extremely practical book, it features detailed worked examples and extensive references to case law throughout the work. The guidance and advice outlines how to successfully apply the new tax reliefs, keeping your clients' tax liabilities as low as possible. The new edition will incorporate the results of the latest Finance Act including: * Capital allowances for intangible assets * Capital allowances for lessees of plant and machinery * Extension of relief for start-up companies * Unilateral relief for royalty income * Changes in provisions for energy-efficient equipment * Treatment of losses from dealing in residential development land * Carry forward of unused credits for foreign tax on overseas branches * Restriction on corporation tax exemption for dividends from Irish companies * Increased scope for entitlement to 12.5 % corporation tax rate on foreign dividend income * Option to be taxed on accounting profit extended to operating leases * Option to compute capital allowances in foreign currency extended to non-trading lessors of equipment * Improvements in R&D credit provisions * New provisions on Islamic finance * New transfer pricing legislation * Special 80% tax charge on certain developement land profits and windfall gains * Changes to provisions dealing with collective investment undertakings * Relaxation of conditions for exemption from dividend withholding tax for non-residents EURO: 195