Ireland Publishes Finance Bill 2015 including New Knowledge Box and CbC Reporting Requirements

On 22 October 2015, Ireland's Department of Finance announced that the Finance Bill 2015 was published. The bill includes the measures announced in the 2016 budget ({News-2015-10-15/P/2- previous coverage}), with major measures including:

• A new knowledge development box regime that is in line with the modified nexus approach of Action 5 of the OECD BEPS Project, with a beneficial rate of 6.25%;
• A country-by-country reporting requirement based on guidelines developed as part of Action 13 of t…