‘Change to corporate tax rate will not impact vast majority of firms in Ireland’

Country should sign up to OECD tax deal rather than be seen as an ‘outlier,’ according to PwC tax partner

28th September, 2021
‘Change to corporate tax rate will not impact vast majority of firms in Ireland’
PwC held a pre-budget discussion event today

The proposal for a global corporate tax rate would not impact the “vast majority” of companies operating in Ireland, a PwC tax partner has said.

The 15 per cent rate of tax on corporations is planned to only apply to companies with revenues over €750 million, and so would exclude the “vast majority” of companies in Ireland, Harry Harrison, tax partner at PwC said.

Maintaining the current 12.5 per cent rate for...

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