We need movement on tax, but we must choose wisely

While it’s clear that tax changes are on the way, finding growth-friendly options is important

The IMF said, in reference to Ireland’s tax regime: “Eventually, the tax base will need to be broadened to help finance productivity-enhancing investment in human and physical capital.”

The International Monetary Fund (IMF) issued a set of preliminary findings at the end of its recent official staff visit to Ireland, or “mission” as it calls it. This was a virtual visit which took place over a two-week period from April 26 to May 7.

An IMF team of economists assessed Ireland’s economic and financial developments and discussed the country’s policies with Paschal Donohoe, the Minister for Finance; Michael McGrath, the Minister for Public ...