KPMG responded on 30 January 2018 to the public consultation on the Coffey Review of Ireland’s Corporation Tax Code.
The consultation considered three main themes:
These represent complex matters which will be of fundamental importance in shaping Ireland’s future corporation tax regime.
KPMG believes that a balanced adoption of the measures could provide an environment where Ireland ultimately adopts a single 12.5% corporation tax rate applying to all profits subject to corporation tax. A 12.5% regime applying to all profits, of all companies, whatever their scale, communicates a more powerful message on certainty. It should improve the relative competitive position of Ireland’s regime to retain and attract business investment.
Click here to access KPMG’s submission through our client TaxWatch portal.