On 14 January 2015, Ireland's Department of finance launched a public consultation on the introduction of the Knowledge Development Box (KDB), which will provide for an effective tax rate for intellectual property income that is below the normal headline rate of corporation tax. The KDB consultation is part of the incentive Road Map for Ireland’s Tax Competitiveness introduced as part of Budget 2015.
The final KDB measures will be designed to comply with the work currently being …