Sunday October 25, 2020

Doherty defends Sinn Féin plans to hike taxes on multinationals

The party‘s finance spokesman Pearse Doherty says Sinn Féin welcomes multinationals to Ireland, but wants them to pay their ‘fair share’ of taxes

Michael Brennan

Political Editor

11th October, 2020
Pearse Doherty, Sinn Féin finance spokesman: ‘We welcome multinationals here. We want to see them continue to employ people and to pay their fair share of taxes’

Pearse Doherty, the Sinn Féin finance spokesman, has insisted that his party is supportive of multinationals despite its plans for hefty tax increases on them.

He is due to deliver his response to the budget on Tuesday, and has already published plans to bring in €720 million in taxes from multinationals by reducing their tax breaks on the value of intellectual property held here. It would also abolish the special assignee relief programme,...

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