Looking at foreign tax systems would be wise

Ireland occupies a unique position within the European Union and the eurozone with regard to tax.

21st June, 2008

Ireland occupies a unique position within the European Union and the eurozone with regard to tax.

While the Irish tax burden, is the fifth lowest in the EU, the tax structure leans heavily on certain forms of direct and indirect taxation, most notably capital gains tax, corporate tax and value-added taxes.

The effect of a declining construction industry and falling values in the residential property market has certainly had a direct impact on the slowdown...

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