Sunday February 23, 2020

The changing fortunes of the IFS(C)

The IFSC is under attack. Major European governments have it squarely in their sights, leveling claims of tax evasion as their heavyweight companies flock to our shores – bringing European tax revenues with them. Government ministers bemoan the lack

14th March, 2015
4
Jack Horgan-Jones

Industry figures decry the high levels of personal income tax levied on fleet-footed financiers, while the IDA bangs the investment drum and makes eyes at foreign firms eager to cut their tax bills.

Sound familiar? Well, those criticisms are all at least 20 years old. All the above were taken from newspaper clippings between 1987 and 1992, the first five years of the IFSC project. If you look closely, the details will give it away:...

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