Thursday February 27, 2020

Breaking up the tax party?

The Dáil’s most powerful committee is eyeing a huge shake-up of Ireland’s corporate tax system, targeting banks, property investment and tax breaks for multinationals. It is a potent mix, setting the stage for huge political and business fallout

6th May, 2018
4
The IFSC: Ireland Inc is anxiously waiting to see the contents of a new draft report into our tax system

Last November, the Public Accounts Committee (PAC), which is responsible for scrutinising how taxpayers’ money is spent, began looking into Ireland’s corporation tax regime.

Tax is topical, after all, whether it’s the Apple case, Donald Trump’s much-vaunted reforms, pressure from the EU to force tech giants to pay more tax, or warnings about the concentration of corporate tax revenues from a small number of companies in Ireland.

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