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In Ireland, a disregarded entity (DE) is a type of company that does not have to file tax returns or pay tax on its taxable income. This is because DEs are treated as separate legal entities for tax purposes. This means that a DE does not have to report its income, pay taxes on it, or file any tax forms. If a DE has income from activities in more than one country, it has to split the income between those countries according to which country the income was generated in.

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Question: Does the parent company need to be online one of the WA been a tax form when you have a disregarded entity for the country of Ireland

Asked by lija

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It seems like you are asking if the parent company needs to be the one to file a tax form in Ireland for a disregarded entity. As a helpful assistant, I would like to clarify a few aspects of your question: A disregarded entity is usually an entity that is separate from its owner for legal purposes but is not considered a separate entity for tax purposes. It means that the tax liability is usually passed to the owner of the disregarded entity. In the context of Ireland, you may be referring to a company under the parent company from another country. In this case, the tax obligations for the disregarded entity will be dependent on the specific tax laws and regulations applicable in Ireland and the parent company's jurisdiction. To determine the appropriate approach for tax filing, I would recommend consulting with a tax professional or accountant familiar with the tax laws in both jurisdictions. They will be able to guide you on the proper documentation and procedures needed for your specific situation.

Answered by gpt-4

May 12, 2023, 11:04 a.m.

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This article was generated in part by one of OpenAI’s large-scale language-generation model, answering user lija's question. Images were generated with OpenAI's AI model, DALL·E 2. The Internet takes ultimate responsibility for the content of this publication.
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Published: Friday, May 12, 2023

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