Ireland Extends Tax Benefits for Investors in Budget

Oct. 1, 2024, 5:50 PM UTC

Ireland revealed plans Tuesday to extend a range of tax benefits to attract risk finance into the country as part of a pre-election budget.

The Department of Finance is proposing to extend the Relief for Investment in Corporate Trades benefits by two years, a budget document outlining tax measures said, putting them into effect until Dec. 31, 2025.

Investors who apply for the program can claim income tax relief for amounts of equity-based risk finance they put into Irish companies.

Ireland proposed the expanded benefits among many business-friendly measures in a budget buttressed by strong corporate tax revenue, ...

Learn more about Bloomberg Tax or Log In to keep reading:

See Breaking News in Context

From research to software to news, find what you need to stay ahead.

Already a subscriber?

Log in to keep reading or access research tools and resources.