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
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.
It is also recommending reviews of overseas ...
