[91][92][93][94][95], Research in 2017–2018 by Trinity College Dublin finance Professor Jim Stewart, and Cillian Doyle, showed many IFSC SPVs are unregulated brass plate structures attracting little oversight by the Revenue Commissioners or Central Bank of Ireland, and with local individuals holding hundreds of SPV directorships. The closest related trade body for the IFSC Aircraft Leasing sector is the Irish Aviation Authority (IAA) (not exclusively IFSC focused). Fund Administration and Custodial Services, Coordinates: .mw-parser-output .geo-default,.mw-parser-output .geo-dms,.mw-parser-output .geo-dec{display:inline}.mw-parser-output .geo-nondefault,.mw-parser-output .geo-multi-punct{display:none}.mw-parser-output .longitude,.mw-parser-output .latitude{white-space:nowrap}53°20′58.28″N 6°14′49.97″W / 53.3495222°N 6.2472139°W / 53.3495222; -6.2472139, This article is about the financial centre in Dublin, Ireland. The IFSC is the largest aircraft leasing hub in the world with 14 of the top 15 aircraft lessors headquartered in Ireland (including AerCap, GECAS, SMBC and Avolon) and circa 50% of the world's fleet of leased aircraft is managed through IFSC companies. An Act to provide for the establishment of an Authority to develop and regulate the financial services market in the International Financial Services Centres in India and for matters connected therewith or incidental thereto. [4] The area continues to benefit from Section 23 (Urban Renewal) income tax reliefs for property owners as of 2019 although new entrants ceased being able to avail of reliefs from 1999. Please read the, The "GFCI 25 Rank vs Rating Over Time" database does not give the "Total Cities" in each GFCI survey; that is provided separately from individual surveys, International Financial Services Centre, Dublin, Qualifying investor alternative investment fund (QIAIF), Corporation tax in the Republic of Ireland § Low tax economy, Corporation tax in the Republic of Ireland § Multinational tax schemes, Organisation for Economic Co-operation and Development, Corporation tax in the Republic of Ireland § History, Department of Enterprise, Trade and Employment, List of companies listed on Euronext Dublin, "History of the Irish Corporate Tax System", "Report on Ireland's Relationship with Global Corporate Taxation Architecture", "Section 23 Relief – Rented Residential Relief in a Tax Incentive Area", "DCC gives go-ahead for multi-million euro docklands development", "How Ireland became a tax haven and offshore financial centre", "IFS2020 (A Strategy for Ireland's International Financial Services Sector)", "Built on talent: Ireland's International Financial Services Industry (page 16-17)", "Ireland continues to lead in aircraft leasing", "Irish Tax Fight Erupts as Web Summit Founder Turns Up the Heat", "Ireland is a tax haven — and that's becoming controversial at home", "The countries which are conduits for the biggest tax havens", "Zucman:Corporations Push Profits Into Corporate Tax Havens as Countries Struggle in Pursuit, Gabrial Zucman Study Says", "Ireland is the world's biggest corporate 'tax haven', say academics", "North Lotts and Grand Canal Dock Planning Scheme", "Irish Funds Association Facts & Figures", "Ireland is top Eurozone jurisdiction for SPVs", "Ireland has world's fourth largest shadow banking sector, hosting €2.02 trillion of assets", "Ireland: The Leading European Jurisdiction for SPVs, Structured Finance and Securitised Structures", "Forget Apple: Ireland's other taxing issue", "Ireland confronts another tax scandal closer to home", "Ireland wins "Domicile of the Year" at UK Captive Services Awards, DIMA", "Ireland as a location for aircraft leasing", "India must learn from China about aircraft leasing", "Multi-billion aircraft leasing sector pays just €40m in tax", "Aircraft-leasing industry paid only €54m in corporation tax in 2018", "Avoca bosses net over €74m after KKR buyout", "Carlyle Ireland team leaving to set up new private equity fund", "Private equity in Ireland: market and regulatory overview", "Buyout firm Renatus targets rich backers for €35m fund", "Patisserie Valerie saved in buyout backed by Irish private equity firm", "Tax Avoidance and the Irish Balance of Payments", "Breaking Down the New U.S. Corporate Tax Law", "Man Making Ireland Tax Avoidance Hub Proves Local Hero", "Controversial tax strategies brainchild of O'Rourke's son", "Irish Subsidiary Lets Microsoft Slash Taxes in U.S. and Europe", "TAX JUSTICE NETWORK: Irish Subsidiary Lets Microsoft Slash Taxes in U.S. and Europe", "Dublin Moves to Block Controversial Tax Gambit", "World IP Day: IRELAND'S 2.5% IP Tax Rate (Section 4.1.1)", "Ireland as a European gateway jurisdiction for China – outbound and inbound investments", "Maples and Calder Irish Intellectual Property Tax Regime - 2.5% Effective Tax", "New Report on Apple's New Irish Tax Structure", "Ireland's Tax Regime for Investing in Intellectual Property", "Ireland as a Location for Your Intellectual Property Trading Company", "Xinhua–Dow Jones International Financial Centers Development Index (2014)", "Scion of a prominent political dynasty who gave his vote to accountancy", "Feargal O'Rourke Turning Ireland Into 'A Global Tax-Avoidance Hub, "Law firm specialising in tax havens to create 75 jobs in Dublin", "Cayman Islands Law firm Walkers doubles up on Dublin office space in the IFSC", "Tax avoidance clampdown expected to take in €50 million 'should yield €500 million, "Matheson stops using charities to help clients avoid tax", "How do vulture funds exploit tax loopholes? 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