Budget 2024 Government playing ‘reputational high-wire act’ on corporate tax, warns IbecThe business lobbying group has three key priorities for the budget: the National Training Fund, the minimum wage and R&D tax credits
Tax Tom Maguire: Proposed BEFIT scheme could direct corporate tax away from Ireland Business in Europe: Framework for Income Taxation would mean one form of corporate tax law across Europe
Corporate Tax Ireland to overhaul corporate tax system after pressure from multinationals Department of Finance to simplify method of collecting revenue after warnings it puts country at a competitive disadvantage
Economics McGrath rejects €1.5bn EU demand Move seen as fresh attempt by France and Germany to get at Ireland’s corporate tax revenues
From the Editor Ireland battles EU, business budget plan and Sinn Féin TD sues the Indo: this week’s Business PostThis week’s edition is packed with exclusive stories, big reads and cutting-edge analysis of the biggest events in business and politics
Taxation Editorial: Europe has yet another go at our corporate tax revenuesA proposed new European Commission proposal feels like a stealthy way to extract more corporate tax and would disproportionately affect Ireland
Analysis Daniel Murray Analysis: Has the corporate tax bonanza come to an end?By the end of this year, annual corporate tax revenues are expected to have grown six-fold in the space of a decade, from around €4 billion in 2013 to €24 billion in 2023
Budget 2024 Government and Ifac spar over how to spend projected windfall tax receiptsThe state’s budgetary watchdog has criticised the government’s plans for the €65 billion in budget surpluses expected over the next three years
Corporate Tax Irish aviation lessors ask for ‘carve-out’ to soften impact of tax reformIndustry body warns Ireland could lose position as global leader if firms move to other aircraft leasing hubs like the US and Japan
Tax Aidan Regan: Rigging of system by rich to play tax games a bigger threat to democracy than populismThe ‘double-Irish’ has ended but Ireland has now gone from being a funnel to a sink location for global profit shifting
Finance Labour Party calls for national debate on how to spend state’s surplusesGovernment is planning on setting up two separate funds deal with predicted €65 billion windfall corporate tax receipts
business Corporate tax plans will scare off global investors, US firms warnAmerican Chamber of Commerce has called for the government to urgently refine new corporate tax rules that it says could double taxation for US multinationals
budget 2024 Rising prices will have ‘fundamental’ impact on budget, Donohoe saysPublic expenditure minister also defended the government’s handling of billions in surplus collected by Ireland
Corporation Tax Country ‘highly exposed’ to decisions and profitability of small number of multinationals - Central Bank Regulator says it has “significant concerns” over increasing importance of corporate tax to state’s overall revenue growth
Public Spending Analysis: Delay gratification, or give in to temptation? Government faces its own social experiment with corporate tax receiptsThe Irish Fiscal Advisory Council is warning the government to park its budget surpluses, but calls to use the money are growing
Economy Government risks ‘overheating’ the economy unless it limits spending growth next year - IfacThe state’s budgetary watchdog has warned the government it must limit spending growth to 5 per cent next year or it risks unbalancing the economy and repeating the mistakes of the Celtic Tiger years
Corporate Tax Three multinationals accounted for one third of all corporate tax receipts from 2017-2021Research paper from the Irish Fiscal Advisory council estimates that just three large companies paid over €5.2bn in corporate tax to the state in 2021
Tech Apple paid five times more tax in Ireland last year than in the decade under European Commission investigation Analysis by the Business Post shows US tech giant handed over up to €4bn compared to €580m in the years from 2003 to 2014
Public Spending Ian Guider: McGrath should play the long game on corporate windfall gainsThe temptation to dip into the state’s overflowing coffers must be resisted in favour of establishing a long-term sovereign wealth fund like that of Norway
Public Spending John Walsh: There is a strong whiff of 2007 about all of this, but there’s reason to hopeThe government might be well advised to consider the German system, where a strict monitoring process ensures all spending represents value for money
