Ireland remains compelling for investment

Though the full impact of recent corporation tax changes has yet to be seen, Ireland remains an attractive destination for FDI, with benefits for indigenous businesses too

Michael McGrath, Minister for Public Expenditure and Reform, and Paschal Donohoe, Minister for Finance: the budget focused on the final stages of government support for the pandemic recovery. Picture: Fergal Phillips

Budget 2022 has come at a time of significant international tax reform and raises questions in many people’s minds about the impact it will have on the future attraction of Ireland for foreign direct investment.

The budget announced by Ministers Paschal Donohoe and Michael McGrath had the stated aim of investing in our future, of meeting the needs of today, while putting the public finances on a sustainable path. Last year, the budget was shaped ...