For as long as Ireland has had anything that looked remotely like an industrial policy, tax has been its fulcrum. This goes all the way back to the early 1950s, when the government commissioned the Ibec [no relation] Technical Services Corporation of New York to write an economic report on the state. The Appraisal on the Industrial Potentials of Ireland - more commonly known as the Stacy May report - pointed to the example of...
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