Vincent Sheridan, the
of Chartered Accountants in Ireland (ICAI) president, said a European common
consolidated corporate tax base (CCCTB) ‘if successful’ would be a major threat
to one of the main planks of Ireland’s economic strategy.
‘One area where I do have real concern is the growing movement among the
larger European countries – with the exception of the UK – for a common
consolidated European tax base,’ he said.
‘This threatens one of the main planks of our economic strategy and if
introduced would render useless the protection negotiated in the EU Reform
Treaty that decision on tax rates required unanimous approval.
‘We will be the only country in Europe whose citizens will be voting on the
reform treaty. I am firmly in favour of a yes vote but I would like assurances
in the course of this debate that these calls for a common tax base across
Europe will not be allowed to jeopardise our economic growth strategy.’
Engineering and technology executives have voiced concerns over the government’s industrial strategy and the need to fill the R&D funding and long-term investment gap in a post-Brexit Britain
This year’s Finance Act is 649 pages, the second longest recorded, and highlights the increasing complexity for taxpayers of an ever expanding tax code
The International Integrated Reporting Council (IIRC) and the CIPFA have launched an introductory guide for leaders on integrated thinking and reporting
Accountancy Age is delighted to reveal the shortlists for the 2016 British Accountancy Awards