FDI | Business Post

US multinationals told state to simplify ‘cumbersome’ tax system or face losing investment

American Chamber of Commerce said Ireland should change to a territorial system which taxes companies on income derived within its borders and is considered a simpler model for taxing multinationals

The Big Interview

‘For our HQ, I was always going to have to be talked out of Ireland’ – Leo Sheridan, Advanced Clinical

Leo Sheridan’s Advanced Clinical, which carries out research trials on new drugs, is expanding into Ireland and the Chicago entrepreneur plans to bring the company’s new international headquarters to Dublin

Ireland still has ‘competitive advantage’ in the ICT sector

However, over-reliance on investment from the US leaves country exposed

John Walsh: With a downturn on the way, the government must focus on the things it can control

There’s not much Ireland can do about the growing list of threats to the corporate tax that we rely so heavily upon, but the government can try to avoid the mistakes of the past and keep a tight rein on spending

Ian Guider: If plan B is to still target multinationals, we will need a plan C very soon

Relying so heavily on FDI for our jobs and tax revenues leaves the country exposed in any global downturn – there should be more focus on helping indigenous companies

John Walsh: We need to reconsider the Berlin/Boston dichotomy as Irish America begins to wane

The Biden administration could be the last White House so well disposed to Irish interests and it is time to acknowledge that our future lies in being a fully paid-up member of the EU

John Walsh: It’s time Irish businesses got as much support as the FDI sector

With government spending increasing and our heavy reliance on corporate tax receipts, Ireland could be left exposed if a resurgent US Republican party were to follow through on Trump’s pledge to repatriate jobs from American firms operating abroad

Martin Shanahan announced as incoming Head of Industry and FDI at Grant Thornton Ireland

The outgoing chief executive of IDA Ireland has been appointed as a partner in the financial services firm and will lead Grant Thornton’s industry and foreign direct investment (FDI) activities from 2023

Exclusive: Pfizer to invest €1 billion in new Dublin biotech plant

The company, which already employs 4,000 people in Ireland, is understood to be at an advanced stage in its plans for the facility which would be one of the largest pharmaceutical investments in the history of the state

Business Post's View

Editorial: Intel job fears highlight importance of FDI for the country

The economy depends heavily on overseas investors so Intel concerns and Novartis job losses reveal how Ireland is exposed when global economic conditions turn sour

The Exit Interview

‘We’ve really focused on the regions, and I think that has borne fruit’ – Martin Shanahan, IDA chief

Under Martin Shanahan’s stewardship, the IDA has overseen a 54 per cent increase in the number of multinational companies with a presence in this country, while the value of their annual exports has more than doubled to €294.1 billion

Our failings on innovation could come back to haunt FDI model

Ireland’s wooing of heavyweight foreign investors has proven so successful, it’s undermining the stability of our economy, so we must come up with a new winning formula

A new Horizon: ‘Ireland’s appeal to us is about the talent, not just tax’

Horizon chief executive Tim Walbert explains why the drug company will keep expanding in Ireland and has marked its commitment by sponsoring the Irish Open

IDA considering impact of US tax reforms on multinationals in Ireland

Tender documents show the state’s inward investment agency wants advice on upcoming political and legislative changes in America, and how they could affect companies based here

McNamee: getting tough on Big Tech could put Ireland in driving seat

The one-time mentor and now critic of Facebook chief Mark Zuckerberg says this country is in a unique position to take advantage of regulatory changes coming down the line

Dan O’Brien: Inertia is truly the most powerful force in our political system

Ireland has many strengths, but why can’t our leaders take action on issues before they turn into crises?

Editorial: Our corporate tax rate is not the main issue for foreign investers

Foreign direct investment is here for the long term regardless of our tax rates

Power hungry: how Ireland’s energy crisis could restrict foreign direct investment

Experts say an unprecedented rise in demand for electricity coupled with the growing needs of data centres raise the likelihood of power shortages and risk making Ireland less attractive as a destination for multinational firms

Government TD raises concerns over IDA’s Israel presence as violence escalates

Green Party’s Patrick Costello says it will be ‘very hard’ for IDA Ireland to operate in Israel in a way that doesn’t break European law

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