Video: Tax-led moves sparked 26 per cent growth surge

But first quarter figures were weaker than expected

12th July, 2016
Tax shifts won't boost jobs, says CSO Pic RollingNews.ie

The Central Statistics Office has said that a huge increase in the Irish economy's growth rate last year was partly due to a movement by overseas companies to transfer their tax base here.

The CSO revised the growth figures for last year to show that gross domestic product (GDP) jumped by a massive 26.3 per cent and gross national product (GNP) by 18.7 per cent. These are much higher than the previous estimates (7.8 per...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

Susan O’Keeffe: Oil executives being held to public account is welcome and overdue

Elaine Byrne: If Facebook is too big to fail, it’s too big to exist

Tech Elaine Byrne 1 day ago

Budget 2022: RTÉ appearance to show if coalition really delivered something for everyone in the audience

Budget 2022: Climate change measures show the Greens have influence, but funding has yet to match intent