Approves Finance Act 2012
31 Mar 2012
On 31 March 2012, Ireland approved the new Finance Act 2012, which includes several investment incentives related measures including a Special Assignee Relief Programme which will exempt 30 per cent of income between €75,000 and €500,000 from income tax for employees who are assigned to work in the State for a minimum period of 12 months by companies located in States with which the State has a double taxation treaty, to work in the Irish-based operations of their employer. The relief will be available for a maximum period of 5 years. The scheme will operate for three years from 2012-2014 unless further extended in later Finance Acts.
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Type:
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Promotion and facilitation (Investment incentives)
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Industry:
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