Pearse Trust Blog

According to the Revenue Commissioners’ website, Ireland has signed tax treaties with 66 countries.  Of these treaties 59 are in effect; a full list of Ireland’s tax treaties is available here.

Liquidations are dealt with briefly in our blog post Ireland: Liquidation, Receivership and Examinership, Simply Explained. Another common form of dissolution is the Voluntary Strike Off. The requirements, methods of dissolution and consequences arising from these forms of dissolution differ significantly.

This is a guest post written by John O’Connor, Solicitor and Notary Public in Ballsbridge, Dublin 4.

In the recent UK Budget, Chancellor George Osborne announced the decision to accelerate the reduction in the main UK Corporation Tax rate from 26% to 24%, with effect from April 2012.

Irish tax law allows shares in a family company to pass from one generation to another in a very tax efficient manner. The shares in a family company may be passed either during the lifetime of the donor or on the death of the donor.

27 February 2012 saw the publication of Draft Heads of the Protected Disclosure in the Public Interest Bill 2012 by Minister for Public Expenditure and Reform, Brendan Howlin, T.D. 

On 15 March 2012, the New Zealand Government announced its intention to create a new Ministry of Business, Innovation and Employment to drive economic growth.

Two years ago, the United States and Western Europe were in the same boat: a recession on a scale that had not been seen since the 1930s. With images of the Dust Bowl swirling in the minds of lawmakers, the US, the United Kingdom, and the Eurozone took different tactics to attempt to pull their economies out of the recession. The US adopted Keynesian economic principles; namely, they tried to spend their way out of the recession. The UK and the Eurozone took a different tactic: cut spending. There are merits to each plan, even though they are at the opposite ends of the economic spectrum.

The Companies Act 2006 introduced a provision allowing private companies to dispense with the holding of annual general meetings. However, there are certain instances in which a members’ meeting must be held as follows: