Ireland is set to be one of the most welcome jurisdictions for international companies establishing holding companies in Europe if new legislation goes through, writes Abigail St John Kennedy
April 28, 2004 at 08:03 PM
1 minute read
The original version of this story was published on Legalweek
In a move applauded by the Irish financial services industry, the Finance Bill 2004 makes Ireland’s tax offering to international groups competitive with regimes elsewhere in the EU, such as the Benelux countries, Austria, Denmark, Switzerland and the UK.
While state aid issues still have to be resolved with the European Commission (EC), the proposed holding company regime has two main elements:
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