I am looking for some confirmation on the filing requirements of an Irish company that has a UK Branch in Northern Ireland. As a background the details are:
· This company is registered in Ireland with full audit exemption
· In 2015, it established a UK Branch in Northern Ireland
My question therefore involves the following:
· It is my understanding that these Branch accounts must be filed with the company’s office in the UK
· Are these filed accounts to be included in the accounts to be filed with the CRO . If so, how is this information to be presented?
· Under double taxation agreements, any corporation tax liable in UK can be off-set against any Irish corporation tax.
· Can any losses incurred in the UK Branch be off-set against gains in the Irish company?
Many thanks
Ronan
· This company is registered in Ireland with full audit exemption
· In 2015, it established a UK Branch in Northern Ireland
My question therefore involves the following:
· It is my understanding that these Branch accounts must be filed with the company’s office in the UK
· Are these filed accounts to be included in the accounts to be filed with the CRO . If so, how is this information to be presented?
· Under double taxation agreements, any corporation tax liable in UK can be off-set against any Irish corporation tax.
· Can any losses incurred in the UK Branch be off-set against gains in the Irish company?
Many thanks
Ronan