Aidan Regan: We need our allies more than we need our beloved 12.5 per cent tax rate
Pushing back against the OECD just confirms the accusations that we’re a tax haven – and won’t help us when the much bigger threat of austerity comes knocking
For almost a decade, Ireland has argued that any change to international corporate tax law must take place through global agreement at the OECD, and not the EU.
The reason for this is that Ireland has always assumed that international political agreement at the OECD would never be reached, and that the process would ultimately get buried in the technocratic weeds of the OECD’s committees. Meanwhile, within the EU, they could always indirectly threaten a...
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Donohoe: long-term spending commitments need to match sustainable revenues
The Minister for Finance sought to counter concerns raised by the Fiscal Advisory Council on the €5.4 billion rise in core expenditure
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Comment: Global economy heading for stagflationary debt crisis
Conditions are ripe for a repeat of both the 1970s stagflationary shock and the 2008 debt crisis — this slow-motion train wreck looks unavoidable as matters stand