Thursday January 23, 2020

Ireland cannot afford to ignore warnings on corporation tax

The country’s reliance on income from foreign direct investment is not sustainable

Ian Guider

Markets Editor

@ianguider
1st December, 2019
Economic Affairs Commissioner Paolo Gentiloni

The new European Commission gets down to work officially this week, and top of the agenda for vice-president Margrethe Vestager and the new tax commissioner Paolo Gentiloni are meeting with the IMF to discuss their research on tax havens.

The IMF research earlier this year found tens of billions of euro of foreign direct investment made its way into a small number of European countries including the Netherlands, Luxembourg and Ireland, something the IMF finds...

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