Pillar Two is now in force in Ireland, with the effect that a 15% minimum effective corporation tax rate applies to large corporate groups and standalone entities with a turnover of €750m or more, for accounting periods commencing on or after 31 December 2023.
TaxFollowing a consultation in February 2023, the Department for the Economy published a new high-level design support scheme this week for renewable electricity in Northern Ireland. The publication outlines a high-level design of the new Scheme, designed to facilitate investment in renewable projects in Northern Ireland and offer greater price protection to consumers.
BelfastFrom 3 April 2024, CSEP holders possessing Stamp 1 residence permission may now apply for Stamp 4 permission after completing 21 months’ employment in the State under their CSEP.
EmploymentIn a first of its kind decision, in Bristol Myers Squibb Holdings Ireland Unlimited Company -v- Norton (Waterford) Limited [2024] IECA 49, the Court of Appeal dealt with an appeal by Bristol Myers Squibb Holdings Ireland Unlimited Company concerning the scope of an undertaking as to damages offered in the context of an application for an interlocutory injunction pending the trial of an action.
DisputesThe Department of Enterprise recently published the much-anticipated General Scheme of the Companies (Corporate Governance, Enforcement and Regulatory Provisions) Bill 2024 (the Scheme).
Corporate & M&AIn Nolan & Ors v Dildar & Ors [2024] IEHC 4, the High Court held a director personally liable for breaches of the Data Protection Acts 1988 and 2003. The judgment is part of the long-running litigation involving Nolan Transport, the transport and logistics company. This article is concerned with a very small
Corporate & M&AThere can be something of a misconception amongst many employers that an employee charged with (or convicted of) a criminal offence can simply be dismissed. A raft of caselaw and guidance means that in fact this is an extremely difficult situation for employers to navigate.
BelfastWhile final approval of the latest text of the Corporate Sustainability Due Diligence Directive is awaited, our update provides an overview of the key obligations being introduced.
ESG & SustainabilityIn this article we examine the Green Claims Directive and the Green Transition Directive, and provide an overview of how the new directives may affect business practices.
DisputesIn this article we look at recently launched public consultations on the sustainability reporting standards to be used by SMEs. The article explores the exposure draft European sustainability reporting standards for listed SMEs prescribed by the Corporate Sustainability Reporting Directive, and the voluntary reporting standards for non-listed SMEs.
ESG & SustainabilityIn this article we examine the revision of the Energy Performance of Buildings Directive (EPBD) which is underway. The article explores the updated text for the recast EPBD which was published in March 2024 and differs in several key aspects from the December 2023 draft text.
ESG & SustainabilityThis article provides an overview of the key elements of the recently adopted Directive on Protection of the Environment through Criminal Law.
Environmental & Planning
