Taxation

Ireland seeks to have a very competitive corporate tax environment. For more information, visit the Office of Revenue Commissioners.

Import charges may comprise of Customs Duty, Excise Duty and Value-added tax (VAT). Import duty and taxes are payable when importing goods into Ireland from outside of the EU whether by a private individual or a commercial entity.

Ireland's VAT is part of the EU VAT system. The value of the goods for the purpose of calculating the amount of VAT payable at import is their value for customs purposes.

The standard VAT rate for importing items into Ireland is 23 per cent, however there is a scale of reduced rates for certain goods and services. There are also VAT exemptions for a wide range of goods and services including books, children's clothing and educational services and items. For more information, visit the Office of Revenue Commissioners.

Customs Duty is usually charged as a percentage of the value of the item and rates can be found on TARIC a database managed by the EC. Certain goods may be subject to additional duties depending on the country of manufacture.

For imports into Ireland, there are minimum thresholds below which duty and VAT are waived. There are occasions when import duties are suspended e.g. exhibitions, samples and animals imported for training/breeding/veterinary treatment or competitions. For more information, visit the Office of Revenue Commissioners.

Excise Duty is charged on alcohol, tobacco and oil products and is in addition to Customs Duty. The Excise Duty on wines and spirits depends on the volume of alcohol and whether wine is still or sparkling. Applicable Rates of Excise Duty are available from the Office of Revenue Commissioners website.

A vehicle registration tax (VRT) is levied on motor vehicles brought into the country.