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On the 26th of June 2020 Revenue published e-brief 127/20 which confirmed that Ireland will avail of the six month deferral in requiring the reporting of transactions under Council Directive (EU) 2018/822 of 25 May 201814 amending Directive 2011/16/EU (“DAC 6”) until 1 January 2021.
There are many potential structures to hold Irish property for a particular transaction and the correct choice will depend on factors including deal size, tax residence status, the term over which the property is to be held, debt levels and whether development, asset management or reversionary opportunities are identified initially or are expected to arise.
Andersen Global have released a summary of Employment and Labour incentives that have been implemented across Europe as a response to the COVID-19 crisis. Please see link here If you have any queries relating to Employment or Labour Law, please contact one of our team and we will reach out to our respective colleagues to assist.
Andersen is the Irish member firm of Andersen Global, an international association of member firms comprised of tax and legal professionals worldwide.Learn More