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
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. A low-tax rate jurisdiction is not the same as a low-tax ...