Editorial: Biden’s plan puts Irish corporate tax regime back into focus again

The most objectionable aspect of Ireland’s corporate tax regime in the eyes of its critics is not the 12.5 per cent rate, but the jungle of loopholes and special arrangements that flourish beneath and around it.

4th April, 2021
Editorial: Biden’s plan puts Irish corporate tax regime back into focus again
Biden intends to pay for a radical but necessary investment by raising the US corporate tax rate from 21 per cent to 28 per cent.

Raising the taxes that companies pay on their profits is one of the most delicate issues facing governments everywhere.

The vast increase in public spending triggered by the Covid-19 pandemic makes the question of how to pay for it urgent. So does the proposal by President Joe Biden for the US federal government to spend $2 trillion on a domestic investment programme, including upgrading his country’s crumbling infrastructure.

Biden intends to pay for this...

Subscribe from just €1 for the first month!


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

Related Stories

The DUP risks becoming a bystander as the UK faces into an uncertain future

Editorial: Ireland must be ready for corporation tax reform

Editorial: Coalition needs urgent plan to allow airline industry soar again

Editorial: Outdoor living must not be spoiled by killjoy tactics