Pearse Trust Blog
A groundbreaking amnesty deal between the UK and Switzerland is likely to be announced shortly with David Hartnett, HMRC Permanent Secretary for Tax, telling a group of tax investigation professionals to expect the deal in May or June.
Tags: United Kingdom, Tax, EU, Switzerland
Last week the Irish Minister for Finance, Michael Noonan, introduced the Job Initiatives 2011, which is designed to improve the Irish economy and stimulate job creation.
The UK is considered to be an extremely attractive ‘holding’ Company location, the benefits of which include:-
Tags: United Kingdom, Tax, EU, Holding Companies
Ireland is considered to be a very attractive ‘holding’ company location, the benefits of which include:
- Favourable tax treatment of dividend income:
- No Witholding Tax ('WHT') on dividends from Irish Holding Company to EU/tax treaty countries
- No Capital Gains Tax on disposal of qualifying shareholdings in subsidiaries;
- Favourable tax regime for R&D/intangibles;
- Tax deductions for interest on certain borrowings;
- Favourable WHT regime for interest and royalty payments.
Tags: Ireland, Tax, EU, Holding Companies
UK – Background
The United Kingdom has a strong tradition of attracting international businesses which are expanding their operations or want a footprint in Europe.
Tags: United Kingdom, Limited Companies, Tax, EU
British Virgin Islands - Background
The British Virgin Islands (BVI), is a British overseas territory, located in the Caribbean. The islands make up part of the Virgin Islands archipelago (the remaining islands constituting the US Virgin Islands).
Tags: Tax, EU, British Virgin Islands, Business Companies, Offshore Companies


