International Financial Services Taxation: The Irish Government has launched a Public Consultation (on July 21st) on the ‘Ireland for Finance’ Strategy, closing on September 19th 2025. While there is not a specific request in the Consultation Document questionnaire regarding taxation could you suggest aspects of taxation issues affecting the International Financial Services (IFS) sector, or particular segments (e.g. funds or aircraft leasing) that your firm might consider as part of its overall response to the Public Consultation?

BEPS Pillar Two: With the US administration having reached an agreement with the G7 to exempt US companies from the Global Minimum Tax Rules, what impact do you think this will have on the overall BEPS project and on Ireland as a location for US investment? (This response could include consideration of the possible shape of the “side by side” solution under the OECD Inclusive Framework referenced in that agreement by which groups with US parents would be exempt from the Income Inclusion Rule and Undertaxed Profits Rule aspects of the Pillar Two framework in recognition of existing US tax rules setting minimum tax levels).

Summer Economic Statement & Budget 2026: Aside from announcing that Budget 2026 Day will be October 7th, the Government set a cautious tone in its Summer Economic Statement, announcing just €1.5 bn in tax increases for Budget Day (just +1.5% up on last year, and therefore likely requiring no further overall net tax raising impositions). Further to, and referencing your own firms’ pre Budget submissions, as well as Commentary in last Month’s Irish Tax Monitor in Finance Dublin, can you suggest prioritising specific tax changes in the light of the Summer Statement that might be revenue enhancing (e.g. by incentivising increased economic activity) and at worst revenue neutral, and that would thereby enhance competitiveness, for inclusion in Budget 2026?

Securitisation: With the European Commission making its first legislative proposal under the Savings & Investments Union strategy in the area of securitisation to make the EU’s securitisation framework ‘simpler and fit for purpose’ can you comment on what Ireland can do to further improve its own securitisation framework from a taxation perspective, as the industry waits to see how the EU proposals may come into effect?
(See: EU Securitiisation implementation)

VAT: The Revenue Commissioners recently updated guidelines for the EU VAT SME Scheme. Can you explain how this scheme works and outline the latest updates?

Notable recent Tax Judgements: Please comment on noteworthy determinations from the Tax Appeals Commission so far in 2025.