The Knowledge Development Box in Ireland – A Quick Overview.
14 July, 2017In 2016, Ireland introduced a new tax-based incentive for intellectual property generating Irish companies referred to as the Knowledge Development Box. The KDB is a corporation tax relief. Launched as “best in class” and the “world’s first OECD-compliant” regime, the KDB provides that profits generated by an Irish company from the commercial exploitation of certain […]
Read moreCybersecurity Insurance: Transferring the Risk
1 June, 2017Cybersecurity is rapidly becoming one of the fastest growing items of IT expenditure for businesses. The need to develop effective responses to a dynamic and ever-evolving threat landscape requires an extreme level of diligence. However as with many business risks, one option (apart from mitigation) is to transfer those risks outside of the business through […]
Read moreObligations of Data Processors under the GDPR
24 May, 2017With the imminent introduction of the General Data Protection Regulation (“GDPR”) on 25th May 2018, the scope of data protection has been noticeably widened in comparison to the outgoing Data Protection Directive and its implementing legislation and nowhere is this more obvious than in the new direct statutory obligations on data processors. Under the Directive, […]
Read moreData Portability under the GDPR
24 May, 2017The General Data Protection Regulation (“GDPR”) introduces the new right of data portability which provides for data subjects to receive personal data provided by them to a data controller in a structured, commonly used machine-readable format and to transmit those data to another data controller without hindrance. For example, if a customer wants to change […]
Read moreEnforcement of the GDPR
24 May, 2017The most headline grabbing aspect of the GDPR is the massive fines that breaching it will attract. In the most serious cases these fines may be up to 4% of an organisation’s worldwide revenue or €20 Million, whichever is the greater. Your understanding of how the GDPR will be enforced is vital to avoiding such […]
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