Tuesday August 11, 2020

Global tax reforms not making Ireland less attractive, says IDA

Martin Shanahan says ‘year-on-year gross jobs growth’ reflects multinational companies’ confidence in the state

8th January, 2020
Martin Shanahan flagged a number of risks that could affect the IDA’s performance over the next five years. Picture: Sam Boal/Rollingnews.ie

There is no indication that imminent changes to global corporation tax rules have made Ireland any less attractive as an investment location for multinational companies, the IDA’s chief executive said today.

Martin Shanahan said that tax was a “perennial” issue for the inward investment agency but insisted Ireland remained competitive.

The Organisation for Economic Co-operation and Development (OECD) has put forward a series of proposed reforms aimed at tackling tax avoidance...

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