Brendan Burgess
Founder
- Messages
- 52,268
http://www.taxcommission.ie/submissions.html
[FONT="]Overview [/FONT]
[FONT="]1.[/FONT] [FONT="]The Commission on Taxation was established on 14 February, 2008 to review the structure, efficiency and appropriateness of the Irish taxation system. In setting up the Commission, the Tánaiste, Brian Cowen, TD, indicated that its work would help establish the framework within which tax policy would be set for the next decade at least, and that it was important that it take a strategic, considered and balanced perspective that recognised the evolving challenges ahead. [/FONT]
[FONT="]Submissions [/FONT]
[FONT="]2.[/FONT] [FONT="]Written submissions received by the Commission on Taxation are an important source of views for it in fulfilling its mandate. They also provide interested parties with an opportunity to make proposals on one or more of the topics covered in the terms of reference. This document outlines guiding principles for submissions to the Commission. [/FONT]
[FONT="]Terms of reference area to which the submission relates [/FONT]
[FONT="]6.[/FONT] [FONT="]The terms of reference area to which the submission relates should be indicated. The terms of reference are outlined in the Press Release: the Commission is charged with considering the structure of the taxation system in the context of maintaining an equitable incidence of taxation and a strong economy, and specifically to: [/FONT]
[FONT="]a.[/FONT] [FONT="]consider how best the tax system can support the economic activity and promote increased employment and prosperity while providing the resources necessary to meet the cost of public services and other Government outlays in the medium and longer term; [/FONT]
[FONT="]b.[/FONT] [FONT="]consider how best the tax system can encourage long term savings to meet the needs of retirement; [/FONT]
[FONT="]c.[/FONT] [FONT="]examine the balance achieved between taxes collected on income, capital and spending; [/FONT]
[FONT="]d.[/FONT] [FONT="]review all tax expenditures with a view to assessing the economic and social benefits they deliver and to recommend the discontinuation of those that are unjustifiable on cost/benefit grounds; [/FONT]
[FONT="]e.[/FONT] [FONT="]consider options for the future financing of local government; and [/FONT]
[FONT="]f.[/FONT] [FONT="]investigate fiscal measures to protect and enhance the environment including the introduction of a carbon tax. [/FONT]
[FONT="]d.[/FONT] [FONT="]to ensure that our regulatory framework remains flexible, proportionate, and up to date, [/FONT]
[FONT="]e.[/FONT] [FONT="]to introduce measures to further lower carbon emissions and to phase in on a revenue neutral basis appropriate fiscal measures including a carbon levy over the lifetime of the Government, and [/FONT]
[FONT="]f.[/FONT] [FONT="]the guarantee that the 12.5% corporation tax rate will remain. [/FONT]
[FONT="]Format for correspondence [/FONT]
[FONT="]10.[/FONT] [FONT="]Where possible, submissions should be emailed to the Commission at: [email protected] . While electronic format is strongly encouraged, persons who wish to make a submission but who are not in a position to do so by email may make their submission in writing. [/FONT]
[FONT="]Overview [/FONT]
[FONT="]1.[/FONT] [FONT="]The Commission on Taxation was established on 14 February, 2008 to review the structure, efficiency and appropriateness of the Irish taxation system. In setting up the Commission, the Tánaiste, Brian Cowen, TD, indicated that its work would help establish the framework within which tax policy would be set for the next decade at least, and that it was important that it take a strategic, considered and balanced perspective that recognised the evolving challenges ahead. [/FONT]
[FONT="]Submissions [/FONT]
[FONT="]2.[/FONT] [FONT="]Written submissions received by the Commission on Taxation are an important source of views for it in fulfilling its mandate. They also provide interested parties with an opportunity to make proposals on one or more of the topics covered in the terms of reference. This document outlines guiding principles for submissions to the Commission. [/FONT]
[FONT="]Terms of reference area to which the submission relates [/FONT]
[FONT="]6.[/FONT] [FONT="]The terms of reference area to which the submission relates should be indicated. The terms of reference are outlined in the Press Release: the Commission is charged with considering the structure of the taxation system in the context of maintaining an equitable incidence of taxation and a strong economy, and specifically to: [/FONT]
[FONT="]a.[/FONT] [FONT="]consider how best the tax system can support the economic activity and promote increased employment and prosperity while providing the resources necessary to meet the cost of public services and other Government outlays in the medium and longer term; [/FONT]
[FONT="]b.[/FONT] [FONT="]consider how best the tax system can encourage long term savings to meet the needs of retirement; [/FONT]
[FONT="]c.[/FONT] [FONT="]examine the balance achieved between taxes collected on income, capital and spending; [/FONT]
[FONT="]d.[/FONT] [FONT="]review all tax expenditures with a view to assessing the economic and social benefits they deliver and to recommend the discontinuation of those that are unjustifiable on cost/benefit grounds; [/FONT]
[FONT="]e.[/FONT] [FONT="]consider options for the future financing of local government; and [/FONT]
[FONT="]f.[/FONT] [FONT="]investigate fiscal measures to protect and enhance the environment including the introduction of a carbon tax. [/FONT]
- [FONT="]Contextual framework.[/FONT][FONT="] An outline of how the proposal would contribute to the achievement of each of the four areas (listed below) outlined in the Programme for Government June 2007 [FONT="][1][/FONT] should be included where applicable. The work of the Commission is being conducted in the context of the commitments on economic competitiveness and on taxation contained in the Programme for Government, as follows [/FONT]
[FONT="]d.[/FONT] [FONT="]to ensure that our regulatory framework remains flexible, proportionate, and up to date, [/FONT]
[FONT="]e.[/FONT] [FONT="]to introduce measures to further lower carbon emissions and to phase in on a revenue neutral basis appropriate fiscal measures including a carbon levy over the lifetime of the Government, and [/FONT]
[FONT="]f.[/FONT] [FONT="]the guarantee that the 12.5% corporation tax rate will remain. [/FONT]
[FONT="]PRACTICAL ISSUES [/FONT]
[FONT="]Format for correspondence [/FONT]
[FONT="]10.[/FONT] [FONT="]Where possible, submissions should be emailed to the Commission at: [email protected] . While electronic format is strongly encouraged, persons who wish to make a submission but who are not in a position to do so by email may make their submission in writing. [/FONT]