Tax


Expanding tax treaty network increases Ireland’s attractiveness for aircraft leasing
Ireland’s supportive environment is one of a number of critical factors in maintaining its place as a world leader in the aircraft leasing space. In particular, many of Ireland’s domestic tax laws give rise to low effective tax rates and allow for efficient repatriation of profits to stakeholders.


Aircraft leasing in Ireland
Over the last year, a number of aircraft leasing companies have established a presence in Ireland or committed additional resources to their Irish leasing platform through employment and funding commitments. Some of the key criteria in determining a jurisdiction to establish aircraft leasing operations are reputation, expertise, tradition in the aviation industry and tax efficiencies. So why have many international aircraft lessors chosen to establish operations in Ireland?

 

Irish aircraft leasing industry hopes Special Assignment Relief Programme (SARP) will be extended in Budget to make the jurisdiction more attractive for mobile executives
Ireland's aircraft leasing industry has urged the Government to take action in the upcoming 2012 Budget to improve the international competitiveness of its world leading aircraft leasing industry. The broad thrust of pre Budget submissions, channeled through Ireland's financial services consultative process, the Clearing House Group, a broad industry representative group, is that personal tax rates, particularly for high paid internationally mobile executives could be made more attractive, helping companies seeking to locate staff in the jurisdiction.


 

 

The Cutting Edge

GECAS highlights opportunities in Africa and launches aviation resource network