Ireland’sTax Regime

The Irish tax regime is open and transparent and complies fully with OECD guidelines and EU competition law.

“ ”The Government

remains 100% committed to maintaining the 12.5%

Corporation Tax Rate.

Budget 2013 Speech, Minister for Finance,

Michael Noonan, TD

25% Research and development tax creditThe Irish tax take on

corporate tax as a proportion of GDP is in line with European norms

2.4%IN 2011

2.5%EU27€7.3 billion *

is the total Payroll into the economy by IDA Ireland client companies

€2.7 billion *on Corporate Tax payments to the Exchequer by IDA Ireland client companies

The Irish Tax Regime iscommitted to transparencyand proper regulation of activities.

One of the 1st countries to have its Tax System Peer-Reviewed in 2010 leading to the publication

of a very favourable report by the Global Forum

One of the 120 members of the OECD Global Forum on Tax Transparency

Ireland has demonstrated its commitment to working with the international community to

combat tax avoidance and evasion.

Ireland implements The Foreign Account Tax Compliance Act with

the US.

Ireland is one of the 1st countries to sign the Agreement to Improve International Tax Compliance with the US.

Ireland has signed (2011) and ratified (2013) the OECD /

Council of Europe Convention on Mutual Assistance in Tax Matters.

Ireland, along with France, Japan and the United States of America,

is a Bureau member of the OECD’s Forum on Harmful Tax Practices.

Ireland o�ers a transparent corporation tax regime accompanied by a growing network of international tax treaties with full exchange of tax information.

69 Double taxation treaties signed

80% of world trade covered by these treaties

Over 20 Tax Information Exchange Agreements

(TIEAs) concluded

12.5%17%20%23%24.43%25%25%28.8%33%33.99%34%34.43%38.01%40%42%

IRELANDSINGAPORE

RUSSIAUK

SWITZERLANDNETHERLANDS

CHINALUXEMBOURG

GERMANYBELGIUM

BRAZILFRANCE

JAPANUSA

INDIA

CORPORATION TAX RATE

Sources:* IDA Ireland (2011 latest data available)** PricewaterhouseCoopers, 2013

**

June 2013www.idaireland.com