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Ireland: Revenue beefs up global tax compliance division

17 November 2014   (0 Comments)
Posted by: Author: Colm Kelpie
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Author: Colm Kelpie (Irish Independent)

Revenue is beefing up its international tax compliance division at senior management level amid a global clampdown on corporate tax avoidance strategies and the closing of the 'Double Irish'.

The move comes as the EU said yesterday that a tax deal the Netherlands cut with coffee giant Starbucks may be illegal state aid. The probe is part of a crackdown on members attracting investment by helping companies to avoid tax.

Luxembourg, Malta, Belgium, Cyprus and Gibraltar as well as Ireland are facing scrutiny over tax deals struck with multinational companies.

The Revenue here is recruiting at principal and assistant principal level with a specific focus in the area of transfer pricing.

The move comes amid an increasing focus internationally on ways to target corporate tax avoidance by international companies.

A Revenue spokeswoman said it was looking to increase its skills in international taxation, including competent authority and transfer pricing.

"We have run a number of competitions recently for middle and senior management positions in this area," the spokeswoman said.

"This current competition includes provision to increase the skilled resource on competent authority duties, as announced by the Minister for Finance in the recent Budget."

It is expected that around eight positions will be filled this year. There are currently 48 staff working in Revenue's corporate, business and international division and 206 staff working in its large cases division, the main areas dealing with international taxation issues.

This article first appeared on independent.ie.


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