Ireland should hold steady in the corporation tax debate

We can’t afford to be fatalistic as the OECD negotiations unfold. There are plenty of reasons to hope we won’t end up €2 billion out of pocket

2nd May, 2021
Ireland should hold steady in the corporation tax debate
Paschal Donohoe, the Minister for Finance, is not without supporters and allies in Europe. Picture: Getty

Last week, writing in this newspaper, the Minister for Finance noted, perhaps with some fatalism, that changes in the international tax environment might mean that the Irish corporation tax take could drop by as much as €2 billion a year.

At this early stage in negotiations, fatalism may be inappropriate. Other competing jurisdictions may have higher rates, but they also have generous tax breaks....

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