| Corporation Tax on Income and Gains |
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| National Rate |
27.50% |
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| Local Rate (IRAP) |
3.90% |
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| Overall Effective Rate |
31.40% |
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| Annual Real Estate Tax |
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| On imputed income determined by Land Registry |
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| - Residential |
0.4 % - 0.7% |
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| - Business |
0.2% - 0.35% |
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| Value Added Tax |
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| Standard Rate |
20% |
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| Reduced Rate |
10% |
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| Super Reduced Rate |
4% |
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| Stamp Taxes |
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| Land and Property: |
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| Transfer Tax |
7% |
* ** |
| Cadastral Tax (additional) |
3-4% |
** |
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| *15 % for agricultural land |
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| **Neither tax applies where transaction subject |
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| to VAT - flat charge of €168 applies |
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| No stamp duty on the transfer of shares other than fixed charge of €168 |
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| Withholding Rates (Non-Treaty) |
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| Dividends |
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| Paid to EEA resident |
1.375% |
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| Paid to non-EEA country with preferred tax regime |
27% |
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| Interest |
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| Paid to EEA resident |
12.50% |
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| Paid to non-EEA country with preferred tax regime |
27% |
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| Royalties (effective rate) |
22.50% |
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