COMMENT: Wrong strategy on tax regime change could hurt investment

The bulk of the tax is paid by multinational companies, but very few multinational companies pay the bulk of tax, writes Brian Keegan

Brian Keegan

Last Sunday in this newspaper, Cliff Taylor and Ian Kehoe picked up on what are simultaneously the great strength and the great weakness of the Irish Corporation tax system; The bulk of the tax is paid by multinational companies, but very few multinational companies pay the bulk of tax.

We are all aware of the shock which hit the Irish indigenous business sector some six years ago. The downturn had an enormous impact ...