Ireland’s Most Recent Finance Act

In this note, the author explores various amendments included in Finance Act 2021, which have now been enacted, including, inter alia, in respect of individual income tax (rate bands, employment investment incentive scheme and the universal social charge) and corporate income tax (interest limitation rule, reverse anti-hybrid rules, transfer pricing, minimum corporate tax rate, relief for small business, accelerated depreciation for energy efficient equipment, the adoption of the authorized OECD approach and implementation of DAC7).