Russia and the IFSC: pressure mounts for tax changes

Russia and the IFSC: pressure mounts for tax changes

MEP calls for review of how companies are using tax break incentive structures

Fine Gael MEP Brian Hayes has said that Ireland should review how companies are using tax break incentive structures introduced to attract investment during the recession.

His comments come in the wake of revelations about the role played by Irish financial entities in the financing of major Russian companies, which the former minister for the IFSC said was a reputational risk.

“Once the crisis happened, as a means of getting investment into Ireland, a number...

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