Ireland Archives

In Tax

Ireland: New employer tax withholding and reporting obligations for employee share options for 2024

January 12, 2024 by Denise M. Glagau, Barbara Klementz and Brian K. Wydajewski 3 Mins Read

The Irish Government enacted the Finance (No. 2) Act 2023 on 18 December 2023, and the new tax withholding and reporting requirements for the exercise of unapproved share options by employees in Ireland will become effective on 1 January 2024.

Despite concerns raised by various industry groups and tax practitioners, the final legislation did not include any amendments, and further guidance and instructions are expected to be issued by Irish Revenue shortly.

In the interim, companies should prepare to comply with these new requirements for any unapproved options exercised by employees in Ireland on or after 1 January 2024.

In ESG

European Union: Commission tables proposal for Green Claims Directive

March 28, 2023 by Geert Bovy, Joost Vynckier and Hannah Matthys 6 Mins Read

On 22 March 2023, the European Commission tabled a proposal for a Directive on substantiation and communication of explicit environmental claims.
The proposal aims to harmonize the evaluation and monitoring of voluntary environmental claims – often referred to as “green claims” – towards EU consumers and control the proliferation of public and private environmental labels. Complementing the March 2022 proposal for a Directive on empowering consumers for the green transition as a lex specialis by providing more specific requirements on the substantiation, communication and verification of green claims, it contributes to the fight against “greenwashing”.

In Albania

Russia: Russia imposes a ban on foreign aircraft flights from 36 states

March 15, 2022 by Baker McKenzie 1 Min Read

Baker McKenzie’s Sanctions Blog published the alert titled “Russia imposes a ban on foreign aircraft flights from 36 states” on 1 March 2022. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.

In Africa

Multijurisdictional: 2021 Virtual Global Trade Conference

Welcome to our Virtual Global Trade Conference, a virtual offering for all our clients and friends worldwide. Baker McKenzie’s international trade compliance lawyers from around the world discussed the major developments impacting international trade. The sessions include trade policy, exports, sanctions, customs, China trade developments and trade developments.

In Employment

Ireland: Publication of Form ESA for New Share Plan Reporting Requirements

July 10, 2021 by Brian Wydajewski 4 Mins Read

In furtherance of the new share plan reporting requirements that were introduced as part of the Finance Act 2020, the Office of Irish Revenue Commission (“Irish Revenue”) published the “Return of Information by a Company for Employment Share Awards” (“Form ESA”) on 22 June 2021.

In Europe

EMEA: Tax Transactional guides 2020 and Headquarter Jurisdictions Around the World 2020

January 2, 2021 by Christina Magill 2 Mins Read

Access Now! New editions of EMEA Tax Guides for mergers, acquisitions and expansions to new markets Whether you…

In Europe

EU: ATAD Implementation Online Comparative Tool

December 20, 2020 by Christina Magill 1 Min Read

The Anti-Tax Avoidance Directives I and II (ATAD) have resulted in some harmonization of tax avoidance measures across the 27 EU member states and the UK. However, significant differences remain among the various countries due to the many optional provisions provided for in ATAD. Furthermore, at a detailed level, specific…

In Albania

Europe: COVID-19 Government Intervention Schemes

April 28, 2020 by Koen V. Vanhaerents, Samantha J. Mobley, Sunny Mann, Antoine D.R.M. De Raeve, Nina Niejahr, Fiona Carlin, Lynn Rosell Rowley and Nicholas (Nick) O'Donnell 1 Min Read

Countries around the globe are facing unprecedented and rapid change due to the COVID-19 pandemic. The Government Intervention…

In Africa

Coronavirus: A Quick Guide for Employers in EMEA

March 19, 2020 by Dr. Philipp Maier, Piotr Rawski, Mirjam de Blecourt, Nadège Dallais, David Díaz, Steffen Scheuer, Antonio Luigi Vicoli and Monica Kurnatowska 2 Mins Read

Baker McKenzie’s EMEA Employment and Compensation Team is pleased to provide you with this quick guide for employers,…

In Africa

EMEA Healthcare Newsletter, October 2019

October 31, 2019 by 2 Mins Read

Read publication Welcome to the October 2019 edition of our newsletter. The EMEA Healthcare Industry Group Newsletter is your regular digest of legal developments affecting the life science and healthcare industries across the region. In this issue: Europe • General presumption of confidentiality of clinical study reports: Opinion of AG…