Friday November 27, 2020

Tax break scheme attracts just six foreign executives

Just six foreign executives have availed of a government tax break aimed at luring multinational executives to Ireland, according to government figures.

25th May, 2013

Just six foreign executives have availed of a government tax break aimed at luring multinational executives to Ireland, according to government figures.

The government had expected between 80 and 100 people to initially apply for the scheme, which allows executives who move to take up key jobs in Irish-based companies to reduce their tax bill.

However, new figures from the Department of Finance show that just six employees in five companies used the scheme in 2012, its...

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