Corporation tax rule changes could prevent multinationals from moving to Ireland
Tax reforms are a potential risk to the public finances
Changes to global corporation tax rules could deter new multinational companies from setting up in Ireland, the credit ratings agency Moody’s has warned this weekend.
In its latest assessment of the economy, which affirmed the current rating, the agency warns that changes proposed, including a minimum tax rate, would undermine the country’s attractiveness for investors.
“Moody's does not expect that shifts in global taxation rules would materially weaken the existing stock...
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