8.1.1. Other Taxes
The following table provides an overview of other taxes that may be imposed on a company doing business in the country.
| Tax Type | Rate(s) | Notes |
|---|---|---|
| Capital Duty | N/A | N/A |
| Payroll Tax | N/A | N/A |
| Social Security Employer Contribution | 10.75% | Employers are required to make pay-related social insurance (PRSI) contributions of up to 10.75% based on gross salary. If the weekly pay is EUR 356 or less, the contribution is 8.5%. |
| Social Security Employee Contribution | 4% | Employees are required to make pay-related social insurance (PRSI) contributions of up to 4% based on gross salary. No contribution is required if weekly pay is EUR 352 or less. |
| Property Tax | 0.18% to 0.25% | Local property tax is levied at a rate of 0.18% on the assessed market value of property up to EUR 1 million, and 0.25% on the value exceeding EUR 1 million. Local authorities may adjust the rates upwards or downwards by up to 15%. |
| Transfer Tax | N/A | N/A |
| Stamp Duty | 1% to 2% | Stamp duty is levied on the transfer of property where legal title cannot be passed by delivery, such as immovable property, intangibles and debt claims. Generally the rate is 2%, although in the case of residential property, the first EUR 1 million in value is subject to a 1% rate. Transfers between associated companies with at least a 90% relationship may be exempt from stamp duty. |
| Excise Taxes | Varies | Excise taxes are levied on oil, electricity, alcoholic beverages and tobacco products. |
| Customs Duty | Varies | Customs duties are imposed on certain goods imported from outside the European Union. |
| Tax on Insurance Policies | 1% to 3% | Non-life insurance policies insuring risks in Ireland are subject to a 3% tax on gross premiums. Life insurance policies insuring risks in Ireland are subject to a 1% tax on gross premiums. Reinsurance is excluded. |
| Tonnage Tax | Rate per 100 ton unit from EUR 1.00 - EUR 0.25 | Shipping companies have the option of paying a tonnage tax in lieu of the normal corporate income tax. |