Wednesday April 1, 2020

Video: Tax-led moves sparked 26 per cent growth surge

But first quarter figures were weaker than expected

12th July, 2016
Tax shifts won't boost jobs, says CSO Pic RollingNews.ie

The Central Statistics Office has said that a huge increase in the Irish economy's growth rate last year was partly due to a movement by overseas companies to transfer their tax base here.

The CSO revised the growth figures for last year to show that gross domestic product (GDP) jumped by a massive 26.3 per cent and gross national product (GNP) by 18.7 per cent. These are much higher than the previous estimates (7.8 per...

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