If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)

Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Avoiding the close company surcharge legally

digzy · 2016-10-19 12:19:31

Just wondering is there a legal/revenue compliant way to avoid the close company surcharge which effectively works out at 20% corporation tax?

19-10-2016 12:19pm

#1

digzy

Registered Users, Registered Users 2 Posts: 3,049 ✭✭✭

Join Date: February 2010

Posts: 2665

Just wondering is there a legal/revenue compliant way to avoid the close company surcharge which effectively works out at 20% corporation tax?

0

Comments

#2 19-10-2016 2:57pm

Lockedout2

Registered Users, Registered Users 2 Posts: 402 ✭✭

Join Date: March 2016

Posts: 401

Yes.

And it's 15% Corporation Tax.

A Don't have investment income in a close company.
B don't have more than €2,000 of investment income in a close company.
C have more trading losses than investment income in a close company.
D don't have a close company.

0