Recent media reports suggested that such a scenario has become widespread, resulting in political and legal turmoil in both the US and Europe. Here in Ireland, the Revenue Commissioners’ are reportedly concerned over whether their own code of practice remains effective in this new environment.
“Indeed, it seems reasonable to state that such modern structures of engagement were not envisaged when the [decade old] code was developed,” the Revenue Commissioners reportedly said.
If this is an issue which affects you, you can contact Chartered Tax Advisers Brady & Associates for expert advice on where you stand. We have broad experience in handling tax planning and filing for all classes of clients, including owner-managed businesses, self-assessed taxpayers and start-ups.
We can explain tax law as it applies to you in plain English, and we can help you to minimise your tax liability. To book a consultation, contact Brady & Associates today.