Irish business lobby warns against public access to corporate tax data

Irish business lobby warns against public access to corporate tax data View Gallery

EU proposals sound alarm bells over privacy issues and inward investment

A number of major accounting firms and the business lobby group Ibec urged the government not to allow public access to data that will for the first time reveal how much multinational companies pay in corporation tax, and where they pay it.

They warned the Department of Finance that Ireland’s attractiveness as a destination for foreign investment would suffer as a result of increased disclosure and that companies would be hit by reputational damage.

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