• The Domicile Levy

The Domicile Levy

25 July 2012

The Irish Finance Act 2010 introduced an annual Domicile Levy of €200,000 which will apply for 2010 and subsequent years. The levy will apply to individuals:

  • Who are Irish domiciled in the tax year (including those who are Irish resident).
  • Whose worldwide income exceeds €1m for the tax year 
  • Whose liability to Irish income tax is less than €200,000 in that tax year, and
  • Whose Irish property has a market value in excess of €5m on the valuation date of 31 December.

Download BDO's newsletter which looks at the implications of the levy.