Capital Allowances on Intangible Assets
Under Section 291A of the Taxes Consolidation Act, companies can claim tax depreciation on capital expenditure incurred on acquiring qualifying intangible assets (like IP), effectively lowering the CT burden.
Under Section 291A of the Taxes Consolidation Act, companies can claim tax depreciation on capital expenditure incurred on acquiring qualifying intangible assets (like IP), effectively lowering the CT burden.