Baker Tilly Ireland
Close
Insights
Service
Industry
Category
Reset
International Tax Retail, Consumer & Hospitality Technology
US hits EU with 30% Tariffs: What it means for Ireland, the UK and Northern Ireland
In a major escalation of transatlantic trade tensions, U.S. President Donald Trump announced on July 12 that the United States will impose a blanket 30% tariff on all goods imported from the European Union, effective August 1, 2025.
Nick Crouch Brendan Murphy Jul 14, 2025
Tax
Ireland Tax Refresher - Issue 3
In the ever-evolving world of taxation, staying informed and prepared is paramount. We are pleased to present Tax Refresher, our bi-monthly newsletter designed specifically for large corporate and international businesses, to keep you updated on the latest developments and challenges in the tax landscape.
Brendan Murphy Jul 10, 2025
Inflation remains calm but the ECB must remain vigilant
With the latest Eurozone inflation rate coming in at 2% for June, the European Central Bank is hitting its official target. As inflationary pressures continue to ease, inflation could decrease even further for the remainder of this year.
Professor Joe Nellis Jul 9, 2025
Tax
Tax trends and economic signals: A strong June for Ireland’s Exchequer
Corporation tax receipts were positive in June, which is very welcome following a surprise year-on-year decline in May. June is an important month for these receipts, as large firms who end their financial years in December face a preliminary tax deadline.
Brendan Murphy Jul 4, 2025
Advisory
EFRAG Simplification Announcement: Simplifying sustainability reporting should improve environmental data and prevent greenwashing
The European Financial Reporting Advisory Group (EFRAG) has proposed changes to the Corporate Sustainability Reporting Directive (CSRD) to reduce the reporting burden on firms by 50%. Brendan Kean, ESG Partner at Baker Tilly Ireland, believes these changes will improve the quality of environmental data and prevent greenwashing.
Mark Lumsdon-Taylor Brendan Kean Jul 2, 2025
Major Pillar 2 development: G7 and US reach agreement on global minimum tax
Following a joint statement from G7 countries released over the weekend, it appears that the US Government will remove Section 899 from the “One Big Beautiful Bill” in exchange for concessions provided by the other G7 territories on the OECD’s Pillar II Global Minimum Tax. Irish experts warn, that US tax workaround could harm EU firms, as they could face a competitive disadvantage if the US is given permanent exemptions.
Jul 1, 2025
Advisory
Climate change - all eyes on the EU Commission
Despite the Global Geological Organisation’s damning report on climate change for 2024, the European Union has recently presented options to member states for ways to ease the proposed 2040 climate target.
Mark Lumsdon-Taylor Jun 30, 2025
Advisory
State of the Global Climate report
In March 2025, the World Meteoralogical Organisation (WMO) published its State of the Global Climate report. It makes for uncomfortable reading.
Mark Lumsdon-Taylor Jun 24, 2025
Tax
ECB setting the foundations for economic revival
The rate-cutting bonanza continues. Eurozone inflation decreased to 1.9% in May, a sign that the European Central Bank continues to be in control of inflationary pressures despite an aggressive interest rate-cutting strategy that has seen rates cut seven times in the past year.
Professor Joe Nellis Jun 12, 2025
Audit and Assurance Advisory
EU ESG Bulletin
In November 2024, president of the European Commission, Ursula von der Leyen, announced a proposal to simplify, streamline and align EU ESG disclosure and reporting rules. The announcement was a timely one, given the different reporting standards in place across the EU and the calls for the regulatory burden on EU businesses to be reduced.
Mark Lumsdon-Taylor Brendan Kean Jun 10, 2025
Tax
International Tax Summit 2025: Key takeaways
On 5 June 2025 we held our first International Tax Summit 2025 at our London office. Senior tax professionals from leading multinational corporations and members of the Baker Tilly Network joined us for an afternoon of critical insights, strategic foresight, and collaborative discussions. From international reforms to jurisdiction-specific trends, the agenda reflected a fast-evolving global tax environment that demands both agility and alignment.
Baker Tilly Ireland, MHA, Baker Tilly Network Jun 9, 2025
Do you have any questions?
Get in touch with our specialists.
Contact the team