Is this you? As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.
Claim your profile
Articles by David Kilty
New Irish Investment Account: Key Details Announced
AC Arthur Cox More Arthur Cox is one of Ireland’s leading law firms. For almost 100 years, we have been at the forefront of developments in the legal profession in Ireland. Our practice encompasses all aspects of corporate and business law. The firm has offices in Dublin, Belfast, London, New York and Silicon Valley. Ireland is introducing a new tax-efficient Investment Account from July 2027, allowing residents to invest up to €12,000 annually with a €50,000 tax-free threshold.
The Recast Directive On Administrative Cooperation – Key Proposed Changes To DAC6 Mandatory Disclosure Regime
Arthur Cox are most popular: within Antitrust/Competition Law and Law Department Performance topic(s) The proposal for a Tax Simplification Package adopted by the European Commission on 24 June 2026 contains a proposed recast of the Directive on Administrative Cooperation in the field of direct taxation (the “DAC“), consolidating the original directive and its eight subsequent amendments.
The European Commission Adopts The Tax Simplification Package
David Kilty’s articles from Arthur Cox are most popular: in Canada Arthur Cox are most popular: within Antitrust/Competition Law and Law Department Performance topic(s) On 24 June 2026, the European Commission adopted the Tax Simplification Package aimed at simplifying direct tax legislation and reducing costs for businesses operating across the European Union. The adoption comes just as Ireland assumes the presidency of the Council of the EU. We examine the Tax Omnibus Directive below.
Tax Group Update: December 2025
Fintan Clancy’s articles from Arthur Cox are most popular: with Senior Company Executives, HR and Finance and Tax Executives in Ireland with readers working within the Business & Consumer Services and Retail & Leisure industries 2025 was a busy year for our market-leading tax group which provides high-value, fully comprehensive and commercial advice to a wide range of domestic and international clients operating in all sectors of the Irish economy.
Tax Group Update: December 2025
2025 was a busy year for our market-leading tax group which provides high-value, fully comprehensive and commercial advice to a wide range of domestic and international clients operating in all sectors of the Irish economy. David Kilty (Partner, Tax) along with associate Ruth O’Sullivan advised Activate Capital and KKR on its latest residential development lending platform with Ireland Strategic Investment Fund.
Irish Revenue Updates Guidance On Territorial Scope Of VAT Groups
AC Arthur Cox More Arthur Cox is one of Ireland’s leading law firms. For almost 100 years, we have been at the forefront of developments in the legal profession in Ireland. Our practice encompasses all aspects of corporate and business law. The firm has offices in Dublin, Belfast, London, New York and Silicon Valley. Revenue has published updated guidance in its Tax and Duty Manual (TDM) in light of the CJEU decisions in Skandia and Danske Bank. Ireland Tax
Irish Revenue updates guidance on territorial scope of VAT groups
ESG Hub ESG considerations have risen to the top of the agenda for investors and business concerned about sustainability and doing business responsibly. Our dedicate multi-disciplinary ESG lawyers work seamlessly together to assist clients with the identification and integration of ESG priorities at all levels of their business.
Interest Taxation Reform: An Overview Of The Phase One Feedback Statement
AC Arthur Cox More Arthur Cox is one of Ireland’s leading law firms. For almost 100 years, we have been at the forefront of developments in the legal profession in Ireland. Our practice encompasses all aspects of corporate and business law. The firm has offices in Dublin, Belfast, London, New York and Silicon Valley. On the 21 November, the Department of Finance issued its Feedback Statement containing a Strawman Proposal on "Phase 1 of Reform of Ireland's Taxation Regime for Interest". Ireland Tax
Interest taxation reform: An overview of the Phase One Feedback Statement
The Feedback Statement follows the earlier Action Plan for Reform of Ireland’s Taxation Regime, which identified key proposals for prioritisation by the Department of Finance throughout Phase One of the reform. We welcome this development, having long advocated for reform, including through our submission during the public consultation. We welcome also the commitment to implementation in Finance Bill 2026, with effect from the 1 January 2027.
MEAG acquires No. 2 Dublin Landings
18/11/2025 Deals We have worked with MEAG, the asset management arm of Munich Re, to complete its first office investment in Ireland at 2 Dublin Landings; an important transaction delivered by a collaborative team in MEAG, JLL and Arcadis.
Aspirity Partners announces final close of its inaugural fund at over €875 million
06/11/2025 Deals Irish-domiciled Aspirity Partners, a next-generation pan-European private equity firm focused on growth buyouts in Financial and Enterprise Technology Services, has announced the final close of its inaugural fund, Aspirity Partners I, at over €875 million. The fund is the largest first-time private equity fund launched in Ireland, and the third largest fund ever established in Ireland to target the European buyout market.
Finance Bill 2025: What You Need To Know
AC Arthur Cox More Arthur Cox is one of Ireland’s leading law firms. For almost 100 years, we have been at the forefront of developments in the legal profession in Ireland. Our practice encompasses all aspects of corporate and business law. The firm has offices in Dublin, Belfast, London, New York and Silicon Valley. Some of the most called-for changes implemented by the Bill limit the anti-avoidance provisions in and extend the scope of the dividend participation exemption... Ireland Tax
Finance Bill 2025: What you need to know
Some of the most called-for changes implemented by the Bill limit the anti-avoidance provisions in and extend the scope of the dividend participation exemption (the “DPE)” introduced by Finance Act 2024 from 1 January 2025. The original form of the DPE was limited to companies resident in an Irish treaty country or EEA state in scope.
Revenue Provides Employers With Disclosure Opportunity To Regularise Misclassification Of Self-employment
The Office of the Revenue Commissioners ("Revenue") has published guidance to assist employers with correcting payroll tax issues in 2024 and 2025 following the Supreme Court's recent decision in Revenue Commissioners v Karshan (Midlands) Ltd t/a Domino's Pizza ("Karshan"). Corrections may be made to Revenue on or before Friday, 30 January 2026.
Tax Group Update: July 2025
As the first half of the year draws to a close, we present an overview of some of the work that has kept our Tax Group busy in 2025. Our market-leading tax group provides high-value, fully comprehensive and commercial advice to a wide range of domestic and international clients operating in all sectors of the Irish economy, either as part of the firm's wider legal practice or stand-alone guidance, based on our clients' needs.
The Commencement Of The Angel Investment Scheme
AC Arthur Cox More Arthur Cox is one of Ireland’s leading law firms. For almost 100 years, we have been at the forefront of developments in the legal profession in Ireland. Our practice encompasses all aspects of corporate and business law. The firm has offices in Dublin, Belfast, London, New York and Silicon Valley. This month, a new Capital Gains Tax relief for individuals who invest in innovative start-up SMEs was commenced. Ireland Tax
Regulatory Investigative Powers & Taxpayers' Rights
The Revenue Commissioners, amongst other regulators, have legislative powers to investigate third parties with the objective of securing evidence of a suspected breach of law. These powers have directly conflicted with the rights of taxpayers in recent times, most notably with regard to legal professional privilege and statutory limits of assessment.
Regulatory Investigative Powers & Taxpayers’ Rights
The Revenue Commissioners, amongst other regulators, have legislative powers to investigate third parties with the objective of securing evidence of a suspected breach of law. These powers have directly conflicted with the rights of taxpayers in recent times, most notably with regard to legal professional privilege and statutory limits of assessment.
Responding To The Public Consultation On The Tax Treatment Of Interest In Ireland
Arthur Cox LLP provided a detailed response to the Irish Department of Finance, with recommendations on how to reform the rules for the taxation of interest in Ireland. The Irish Department of Finance published a comprehensive review on the taxation of interest in Ireland in September 2024. The review forms part of broader work by the Department on modernising Ireland's tax system.
Tax Group Update January 2025
Our market-leading tax group provides high-value, fully comprehensive and commercial advice to a wide range of domestic and international clients operating in all sectors of the Irish economy, either as part of the firm's wider legal practice or stand-alone guidance, based on our clients' needs. As we start a new year, we present a look back at the work, legal developments and team growth that kept us busy in 2024. Elaine Mooney has been elevated to the partnership from 1 January 2025.
CJEU Upholds The Supremacy Of Legal Professional Privilege
CJEU again upholds the supremacy of legal professional privilege over national disclosure requirements of taxpayer information pursuant to DAC 6 In response to a preliminary reference from Luxembourg, the Court of Justice of the European Union (CJEU) has found that legal advice in company law matters falls directly within the scope of Article 7 of the Charter of Fundamental Rights of the European Union (the “Charter”), and a request for a lawyer to provide confidential information on these...
Highlights From Irish Finance Bill 2024
The Irish Finance Bill 2024 has been published. It contains the measures announced by the Irish Minister for Finance in his Budget speech on 2 October 2024, in addition to other changes to Irish tax legislation. The Finance Bill 2024 (the "Finance Bill") has been published and completed the first Stage of the legislative process.
Highlights from Irish Finance Bill 2024
The Irish Finance Bill 2024 has been published. It contains the measures announced by the Irish Minister for Finance in his Budget speech on 2 October 2024, in addition to other changes to Irish tax legislation. The Finance Bill 2024 (the “Finance Bill”) has been published and completed the first Stage of the legislative process.
Ireland Introduces A Participation Exemption For Foreign Distributions
AC Arthur Cox More Arthur Cox is one of Ireland’s leading law firms. For almost 100 years, we have been at the forefront of developments in the legal profession in Ireland. Our practice encompasses all aspects of corporate and business law. The firm has offices in Dublin, Belfast, London, New York and Silicon Valley. The new rules have been the subject of lengthy stakeholder consultations and form part of a broader modernisation of Ireland's corporate tax code. European Union Tax
Finance Bill provides some clarity on the application of the new 6% rate of stamp duty to residential property
The Finance Bill has brought some clarity to the application of the 6% “mansion tax” rate of stamp duty to residential property. The increased rate of stamp duty on bulk purchases of residential units has also been included in the Bill. Application of 6% rate to residential property The new 6% rate will apply to consideration over €1.5 million when the consideration is attributable to two or less apartments in an “apartment block” (one which has three or more apartments in it).
High Court issues judgment on residence of Delaware LLC under US/Ireland Double Tax Treaty
The Irish High Court overturns the Determination of first tier Tax Appeal Commissioner to conclude that that a Delaware LLC was not “liable to tax” and therefore not “resident” within Article 4 of the US/Ireland Double Tax Treaty.Consequently, three Irish subsidiaries were not entitled to rely on Irish group loss provisions or Article 25 of the US/Ireland Double Tax Treaty.
Increase in Stamp Duty Rates on Certain Property Transactions
As part of Budget 2025, the Minister for Finance announced two stamp duty rate increases that are effective from 2 October 2024. Rate Increases The two stamp duty rate increases (the “New Measures”) are: An increase in the higher rate of stamp duty that applies on the “bulk purchase” of ten or more residential units (excluding apartments) in a twelve-month period from 10% to 15%. The introduction of a third rate of stamp duty on the sale of residential properties valued at more than €1.5 million.
The CJEU Draws A Line Under The Apple State Aid Saga
The Court of Justice of the European Union (CJEU), sitting as the Grand Chamber has handed down its judgment in the Apple case. In 2016 the European Commission concluded that Ireland granted illegal State aid to two Apple group subsidiaries in two tax rulings granted in 1991 and 2007. The General Court had annulled this Decision, but the CJEU has upheld the Commission Decision in full and given final judgment on the matter with no remittance back to the General Court and no ability to appeal.
The CJEU draws a line under the Apple State aid saga
The Court of Justice of the European Union (CJEU), sitting as the Grand Chamber has handed down its judgment in the Apple case. In 2016 the European Commission concluded that Ireland granted illegal State aid to two Apple group subsidiaries in two tax rulings granted in 1991 and 2007. The General Court had annulled this Decision, but the CJEU has upheld the Commission Decision in full and given final judgment on the matter with no remittance back to the General Court and no ability to appeal.
The EU Commission's Proposal For New Common Set Of Tax Rules In Europe
The European Commission adopted a new package of two proposals for business tax directives in September that will now go before the Council for negotiation under the Spanish Presidency. The most controversial and high-profile proposal is the Commission's renewed attempt to implement a common set of rules for calculating the tax base across Europe through the proposal for a Council Directive onBusiness in Europe: Framework for Business Income Taxation "BEFIT".
Revenue Issues New Guidance On Determining Employment Status For Tax Purposes
The recently published Revenue Guidelines for Determining Employment Status for Taxation Purposes provide useful guidance as to the implications of the significant Supreme Court decision in the Domino's Pizza case. For taxation purposes, there is a difference in treatment between employees and self-employed persons engaged as independent contractors.
Revenue Issues New Guidance on Determining Employment Status for Tax Purposes
The recently published Revenue Guidelines for Determining Employment Status for Taxation Purposes provide useful guidance as to the implications of the significant Supreme Court decision in the Domino’s Pizza case. Background For taxation purposes, there is a difference in treatment between employees and self-employed persons engaged as independent contractors.
Council Of The EU Reaches Agreement On The FASTER Directive
AC Arthur Cox More Arthur Cox is one of Ireland’s leading law firms. For almost 100 years, we have been at the forefront of developments in the legal profession in Ireland. Our practice encompasses all aspects of corporate and business law. The firm has offices in Dublin, Belfast, London, New York and Silicon Valley.
Council of the EU reaches agreement on the FASTER Directive
The EU Directive on Faster and Safer Relief of Excess Withholding Taxes (the “FASTER Directive”) was approved at the May meeting of the Economic and Financial Affairs Council (“ECOFIN”). Agreement comes within one year of the proposal from the EU Commission. It is seen as another stepping stone to the Capital Markets Union.
Response To The First Feedback Statement On The Introduction Of A Participation Exemption
AC Arthur Cox More Arthur Cox is one of Ireland’s leading law firms. For almost 100 years, we have been at the forefront of developments in the legal profession in Ireland. Our practice encompasses all aspects of corporate and business law. The firm has offices in Dublin, Belfast, London, New York and Silicon Valley.
Arthur Cox LLP Makes Submission To Department Of Finance On The Taxation Of Share-based Remuneration
Arthur Cox LLP has made a submission to the Department of Finance as part of the public consultation on the taxation of share-based remuneration. The targeted submission highlighted that share-based remuneration will play an increasingly important part of the offer by jurisdictions in attracting senior executives and key employees.
An Overview of Key Changes Contained in Finance Bill 2023
The Finance Bill was published on Thursday 19 October. As expected, the main portion of the Bill is the legislation to implement the Pillar 2 regime setting down a minimum effective tax rate of 15% into Irish law. The Bill also contains new measures on outbound payments to zero-tax jurisdictions along with other provisions relating to the R&D and digital gaming tax credits, the taxation of share options and improvements to the Employment Investment Incentive Scheme.
The EU Commission’s proposal for new common set of tax rules in Europe
The European Commission adopted a new package of two proposals for business tax directives in September that will now go before the Council for negotiation under the Spanish Presidency. The most controversial and high-profile proposal is the Commission’s renewed attempt to implement a common set of rules for calculating the tax base across Europe through the proposal for a Council Directive on Business in Europe: Framework for Business Income Taxation “BEFIT”.
Public Country by Country Reporting Update (July 2023)
On 22 June 2023 the domestic Irish legislation (the “Regulations”) transposing the public country-by-country (PCbCR) obligations took effect. This legislation transposes the EU Directive 2021/2102/EU on the public disclosure of income tax information of certain undertakings and branches (the “Directive”) into Irish law. The new reporting obligations will apply to financial years beginning on or after 22 June 2024.
EU Commission’s FASTER withholding tax proposal announced
A faster and more secure system for withholding tax on dividends and interest has been proposed by the European Commission to encourage cross-border investment and improve the functioning of the capital markets union. The proposal was signaled in 2020 in the Capital Markets Union Action Plan and in 2021 in the Communication for Business Taxation in the 21st Century. The current system of withholding tax in many Member States is fragmented and convoluted.
EU Commission's Proposed New Tax Incentive For Equity Has A Sting In The Tail
On 11 May 2022, the European Commission published a new proposed directive to tackle the so-called debt-equity bias in taxation. The proposal includes both a new deductible equity allowance and a new interest restriction. What is the debt-equity bias? The debt-equity bias means that most tax regimes treat debt more favourably than equity by providing deductions from taxable income for interest payments on debt, but no similar deductions for equity.
Taxpayers Take Note: Important Changes In New Code Of Practice For Revenue Compliance Interventions
Intervention Levels The New Code includes three intervention “levels” for Revenue to deal with potential non-compliance by taxpayers. The New Code makes clear that these levels are not to be considered as a sequence of actions. This means that Revenue may initiate an intervention at any level of the framework without any prior intervention at a lower level, although an intervention at a lower level may lead to a higher level intervention.
Board Meetings And Company Residence: Expiry Of Irish Revenue Concession
Ireland: Board Meetings And Company Residence: Expiry Of Irish Revenue Concession 03 February 2022 by Fintan Clancy , Caroline Devlin , Ailish Finnerty , David Kilty , Orlaith Kane and Susan Lynch Arthur Cox Your LinkedIn Connections with the authors To print this article, all you need is to be registered or login on Mondaq.com.
Board Meetings And Company Residence: Extension Of Concession To 31 January 2022
Ireland: Board Meetings And Company Residence: Extension Of Concession To 31 January 2022 12 January 2022 by Fintan Clancy , Caroline Devlin , Ailish Finnerty , David Kilty , Orlaith Kane and Susan Lynch Arthur Cox Your LinkedIn Connections with the authors To print this article, all you need is to be registered or login on Mondaq.com.
Arthur Cox LLP Submission To Consultation On New Taxation Measures To Apply To Outbound Payments
Ireland: Arthur Cox LLP Submission To Consultation On New Taxation Measures To Apply To Outbound Payments 30 December 2021 by Fintan Clancy , Caroline Devlin , Ailish Finnerty , David Kilty and Orlaith Kane Arthur Cox Your LinkedIn Connections with the authors To print this article, all you need is to be registered or login on Mondaq.com.
Public Country By Country Reporting Update
European Union: Public Country By Country Reporting Update 24 December 2021 by Fintan Clancy , Caroline Devlin , Ailish Finnerty , David Kilty , Orlaith Kane and Susan Lynch Arthur Cox Your LinkedIn Connections with the authors To print this article, all you need is to be registered or login on Mondaq.com. The EU Directive on public country by country reporting of financial and tax information was published on 1 December 2021.
Board Meetings And Company Residence: Change To Irish Revenue Practice From 1 January 2022
To print this article, all you need is to be registered or login on Mondaq.com. Irish Revenue have recently confirmed their intention to withdraw an important concession which is relevant to directors' physical attendance at board meetings and company residence for Irish tax purposes.
Ireland's Consultation On OECD Tax Proposals
Ireland: Ireland's Consultation On OECD Tax Proposals 15 September 2021 by Fintan Clancy , Ailish Finnerty , Caroline Devlin , David Kilty and Susan Lynch Arthur Cox Your LinkedIn Connections with the authors To print this article, all you need is to be registered or login on Mondaq.com. Arthur Cox last week made a submission to the Irish consultation on the OECD Tax Proposals.
Legal Flash – Redesigning The International Tax System: An Update - Tax - Ireland
Ireland: Legal Flash – Redesigning The International Tax System: An Update 22 June 2021 by Fintan Clancy , Caroline Devlin , Ailish Finnerty and David Kilty Arthur Cox Your LinkedIn Connections with the authors To print this article, all you need is to be registered or login on Mondaq.com. Significant changes to the international tax system are currently being negotiated.
Update On State Aid Claims And Tax Policy
European Union: Update On State Aid Claims And Tax Policy 21 June 2021 by Fintan Clancy , Ailish Finnerty , David Kilty and Caroline Devlin Arthur Cox Your LinkedIn Connections with the authors To print this article, all you need is to be registered or login on Mondaq.com. Following last year's landmark judgment in the Apple State aid case, the General Court of the European Union recently issued two important decisions in the area of State aid and tax policy.
Show More
loading
Actions
Is this you?
As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.Get in touch with David
Contact David, search articles and posts on X, monitor coverage, and track replies from one place.
Learn more about Muck Rack