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A Revenue report exposed a loophole in Ireland’s pension law, enabling the wealthy to avoid taxes, now fixed by recent amendments.
A confidential Revenue report revealed a loophole in Ireland's pensions law, allowing wealthy individuals to avoid taxes by transferring large sums into pension funds.
The 2022 Finance Act created this issue by breaking the link between salary and pension contributions, enabling unlimited funding for family members on low salaries.
The Revenue Commissioners have since addressed the issue with amendments in the Finance Act 2024.
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Un informe sobre los ingresos puso de manifiesto una laguna en la ley de pensiones de Irlanda, que permitía a los ricos evitar impuestos, ahora fijada por las recientes enmiendas.