US giants warn state over corporate tax system; Council told delivery of 9,000 homes at risk
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US multinationals told state to simplify ‘cumbersome’ tax system or risk losing investment
Ireland must change its method of taxing multinationals or remain at a “competitive disadvantage” when it comes to attracting foreign investment, the government has been told.
The American Chamber of Commerce has told the Department of Finance in a written submission that the country’s method of taxing multinationals is “cumbersome” and means businesses are often hesitant to locate holding companies here.