National Recovery Plan 2011-2014 And Budget 2011
Ireland's "National Recovery Plan 2011-2014" was released on 24 November last. The Plan is required to deal with Ireland's current fiscal challenges and lays out a roadmap for a return to sustainable growth in the Irish economy.
The Plan outlines fiscal adjustment measures of €15 billion over a four-year period. This adjustment is comprised of substantive reductions in expenditure and some €5 billion of taxation measures, principally involving taxes on individuals and property, as well as indirect and capital taxes. Some of the key tax measures contained in the Plan are...
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