Friday February 21, 2020

Banks, property giants and multinationals to be targeted in new tax report

PAC paper recommends limiting banks’ ability to pay no corporation tax; FF, SF and other opposition TDs likely to push for implementation of findings

6th May, 2018

A radical shake-up of Ireland’s corporate tax system, targeting banks, property funds and tax breaks for multinational giants is set to be recommended by the Dáil’s most powerful committee.

A confidential draft report from the Public Accounts Committee(PAC), seen by The Sunday Business Post, calls for the government to change the law that currently allows bailed-out banks to avoid paying corporation tax for decades to come....

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

The narrative of the Sinn Féin surge suggests that politics in Ireland is becoming more polarised like in the US and Britain, but the reality is far more complex

Colin Murphy | 4 days ago

Bank chief McDonagh says move would create better work environment for young parents and people with caring responsibilities

Killian Woods | 4 days ago

Despite a belated show of independence, the US attorney general has been a willing pawn in Trump’s interference in criminal investigations being carried out by the Department of Justice

Marion McKeone | 4 days ago