The Irish Finance Minister announced the Irish Budget 2017 last week. The Budget stressed the primacy of the 12.5% corporation tax rate and that Ireland’s tax system must remain competitive, transparent and fair. The Finance Minister also published a strategy paper (Ireland's International Tax Strategy) which addresses Ireland's approach to Brexit implications, its progress on BEPS implementation and its policy on tax transparency. There is to be a review of the Irish corporation tax code from a policy perspective, led by an independent expert. Specific tax measures are included in a summary of the policy changes (here), in particular the measures regarding section 110 special purpose companies (see Weekly News - 14 September). For further information, please contact Paul Hale or Enrique Clemente.