As part of Ireland Finance Act 2014, enacted in December 2014 and published 6 January 2015, the individual income tax brackets and rates are amended and several changes are made in regard to corporate taxation.
Individual Taxation
The individual income tax bracket threshold is increased and the top rate is decreased as follows:
- up to €33,800 - 20%
- over €33,800 - 40%
Corporate Taxation
- Companies registered in Ireland on or after 1 January 2015 are considered resident in Ireland for tax…