ey-global-tax-policy-outlook-for-2015

More documents

Recommendations

Info

Ireland Tax policy and controversy David Smyth david.smyth@ie.ey.com +353 1 221 2439 Kevin McLoughlin kevin.mcloughlin@ie.ey.com +353 1 221 2478 1 | Tax rates (2014–15) 1.1 Key tax rates Top corporate income tax (CIT) rate (national and local average, if applicable) 2014 2015 Percentage change 12.5% 12.5% 1 — Top individual income tax rate (national and local average, if applicable) Standard value-added tax (VAT) rate 48% 48% 2 — 23% 23% 3 — Stay up to date with developments in Ireland by accessing EY's global tax alert library at www.ey.com/taxalerts. EY key contacts 2 | 2015 tax policy outlook 2.1 Key drivers of tax policy change • Fiscal policy in Ireland is set within the boundaries of both the Stability and requirements of the corrective arm of the Pact; within this correction framework, • measures announced are estimated to cost €585m which will be partly offset subject to the requirements of the preventative arm and the Fiscal Compact. Content provision date 17 November 2014 1 Section 21, Taxes Consolidation Act 1997. 2 Section 15, Taxes Consolidation Act 1997 (income tax rate) and Section 531AN, Taxes Consolidation Act 1997 (Universal Social Charge). 3 Section 46, Value-Added Consolidation Act 2010. 102 | The outlook for global tax policy in 2015
Ireland 2.2 Fiscal consolidation vs. stimulus • Headline CIT rate • Interest deductibility • Hybrid mismatches • Treatment of losses • Capital gains tax • • • Transfer pricing changes • • amortization • Changes to tax enforcement approach • Top marginal personal income tax (PIT) rate • PIT base • Controlled foreign companies • • Thin capitalization • The outlook for global tax policy in 2015 | 103
Page 1 and 2:
The outlook for global tax policy i
Page 3 and 4:
Tax twists and turns For more than
Page 5 and 6:
where cuts in VAT rates were initia
Page 7 and 8:
What were the highlights of 2014 fo
Page 9 and 10:
Forecast of tax policy trends for 2
Page 11 and 12:
The strong focus on the tax treatme
Page 13 and 14:
in the formation of tax policy in 2
Page 15 and 16:
Italy Japan 6/2 of the 29 countries
Page 17 and 18:
to understand; if governments are g
Page 19 and 20:
Messages for business We are now we
Page 21 and 22:
This is probably going to turn out
Page 23 and 24:
Actions for business to consider Ag
Page 25 and 26:
Connect with us The outlook for glo
Page 27 and 28:
Americas Tax policy Tax controversy
Page 29 and 30:
Tax policy Tax controversy New Zeal
Page 31 and 32:
EMEIA Tax policy Tax controversy Eu
Page 33 and 34:
EMEIA Tax policy Tax controversy Sl
Page 35 and 36:
Country outlooks The outlook for gl
Page 37 and 38:
The outlook for global tax policy i
Page 39 and 40:
Australia The following election go
Page 41 and 42:
Australia 2.3 Tax policy outlook fo
Page 43 and 44:
Australia 2.10 Pending tax proposal
Page 45 and 46:
Brazil 2.2 Fiscal consolidation vs.
Page 47 and 48:
Brazil 2.5 Fiscal stimulus in 2015
Page 49 and 50:
Canada 2 | 2015 tax policy outlook
Page 51 and 52:
Canada 2.3 Tax policy outlook for 2
Page 53 and 54: Canada 2.9 Country position on OECD
Page 55 and 56: Chile 2.2 Fiscal consolidation vs.
Page 57 and 58: Chile Taxes on wages and employment
Page 59 and 60: Chile 2.11 Consultations opened/clo
Page 61 and 62: China 2 | 2015 tax policy outlook
Page 63 and 64: China • • Top marginal persona
Page 65 and 66: China 2.4 Tax policy outlook for 20
Page 67 and 68: China 2.10 Pending tax proposals
Page 69 and 70: Czech Republic 2 | 2015 tax policy
Page 71 and 72: Czech Republic 2.5 Fiscal stimulus
Page 73 and 74: Denmark 2.2 Fiscal consolidation vs
Page 75 and 76: Denmark 2.7 Current tax policy and
Page 77 and 78: Finland 2.2 Fiscal consolidation vs
Page 79 and 80: Finland 2.8 Key tax policy changes
Page 81 and 82: France 2.2 Fiscal consolidation vs.
Page 83 and 84: France exceeds €1 million. Remune
Page 85 and 86: Germany 2 | 2015 tax policy outlook
Page 87 and 88: Germany 2.4 Tax policy outlook for
Page 89 and 90: Germany 2.9 Country position on OEC
Page 91 and 92: Greece 2.2 Fiscal consolidation vs.
Page 93 and 94: Greece 2.7 Current tax policy and t
Page 95 and 96: Hungary 2.2 Fiscal consolidation vs
Page 97 and 98: Hungary 2.5 Fiscal stimulus in 2015
Page 99 and 100: India 2 | 2015 tax policy outlook 2
Page 101 and 102: India 2.4 Tax policy outlook for 20
Page 103: India • Action 8 • The Indian t
Page 107 and 108: Ireland 2.8 Key tax policy changes
Page 109 and 110: Ireland 2.11 Consultations opened/c
Page 111 and 112: Italy 2 | 2014 tax policy outlook 2
Page 113 and 114: Italy 2.7 Current tax policy and ta
Page 115 and 116: Japan 2.2 Fiscal consolidation vs.
Page 117 and 118: Japan • • for each stock owne
Page 119 and 120: Japan 2.9 Country position on OECD
Page 121 and 122: Luxembourg 2 | 2015 tax policy outl
Page 123 and 124: Luxembourg 2.4 Tax policy outlook f
Page 125 and 126: Luxembourg 2.10 Pending tax proposa
Page 127 and 128: Malaysia 2 | 2015 tax policy outloo
Page 129 and 130: Malaysia 2.3 Tax policy outlook for
Page 131 and 132: Malaysia 2.9 Country position on OE
Page 133 and 134: Mexico 2.2 Fiscal consolidation vs.
Page 135 and 136: Mexico 2.7 Current tax policy and t
Page 137 and 138: Netherlands • Additionally, the C
Page 139 and 140: Netherlands 2.4 Tax policy outlook
Page 141 and 142: Netherlands exemption, the tax tre
Page 143 and 144: New Zealand 2.2 Fiscal consolidatio
Page 145 and 146: New Zealand 2.6 Political landscape
Page 147 and 148: Poland 2.2 Fiscal consolidation vs.
Page 149 and 150: Poland 2.5 Fiscal stimulus in 2015
Page 151 and 152: Portugal 2 | 2015 tax policy outloo
Page 153 and 154: Portugal 2.4 Tax policy outlook for
Page 155 and 156:
Russia 2 | 2015 tax policy outlook
Page 157 and 158:
Russia 2.4 Tax policy outlook for 2
Page 159 and 160:
Russia 2.9 Country position on OECD
Page 161 and 162:
Slovak Republic 2.2 Fiscal consolid
Page 163 and 164:
Slovak Republic VAT, GST and sales
Page 165 and 166:
South Africa 2.2 Fiscal consolidati
Page 167 and 168:
South Africa 2.8 Key tax policy cha
Page 169 and 170:
South Korea 2.2 Fiscal consolidatio
Page 171 and 172:
South Korea 2.6 Political landscape
Page 173 and 174:
Spain 2.2 Fiscal consolidation vs.
Page 175 and 176:
Spain 2.5 Fiscal stimulus in 2015
Page 177 and 178:
Switzerland 2.2 Fiscal consolidatio
Page 179 and 180:
Switzerland 2.5 Fiscal stimulus in
Page 181 and 182:
Thailand • Continued sluggish eco
Page 183 and 184:
Thailand 2.4 Tax policy outlook for
Page 185 and 186:
Thailand 2.10 Pending tax proposals
Page 187 and 188:
United Kingdom 2.2 Fiscal consolida
Page 189 and 190:
United Kingdom 2.5 Fiscal stimulus
Page 191 and 192:
United Kingdom 2.11 Consultations o
Page 193 and 194:
United States • There is a desire
Page 195 and 196:
United States 2.4 Tax policy outloo
Page 197:
United States • Committee • C
Page 200:
EY | Assurance | Tax | Transactions
show all

ey-global-tax-policy-outlook-for-2015

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?