Don't waste corporation tax 'surprise', warns Ibec

Don't waste corporation tax 'surprise', warns Ibec
The Irish Petroleum Importers Association wrote to Minister for Finance Paschal Donohoe last week requesting that the National Oil Reserves Agency levy be reduced to avoid litigation by the industry. Picture: Bryan Meade

Its pre-budget submission calls for a new Commission on Taxation, a renewal of the help to buy scheme, a land value tax and more support for indigenous businesses

Business group Ibec has said October’s budget could be the most strategically important faced by the Irish state in a generation, citing risks from Brexit, changes in the global tax environment and a more difficult environment for world trade.

In its budget submission, it has called on the government to use Budget 2020 to steer the economy in a new direction, warning against...

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