Tax system must support small businesses

Comment: Ireland’s tax regime for domestic businesses leaves much room for improvement

Department of Finance Picture: Bloomberg
Department of Finance Picture: Bloomberg

It is widely accepted that Ireland is a particularly attractive location for large multinational companies to do business in. The tax environment is especially benign for such companies, particularly where they have sophisticated tax planning capabilities. However, this is in stark contrast to the situation faced by domestic businesses.

The Department of Finance is examining the tax regime for entrepreneurs and business owners in Ireland and has requested submissions from ...