Ian Guider: G7 edict is a chance for Ireland to change course and develop some global champions of our own
The upcoming changes to global taxation of multinationals pose a huge challenge to this country – but also present us with an opportunity to reduce our reliance on foreign behemoths
Following last weekend’s G7 announcement of a structural change in how large companies are taxed around the world, the biggest task facing the Irish government will be assessing how to minimise its impact on this country.
An estimated €2 billion in corporation tax, out of nearly €11 billion collected each year, could disappear in the next few years. In assessing how to try and water down the G7 proposals – or get around them, which ...