Ireland regarded around the world as tax haven for multinationals, former IMF chief says

Ashoka Mody says Ireland could face big problems if it comes under political pressure to change its corporation tax rules

Ashoka Mody, former head of the IMF mission to Ireland: ‘For much of the world, Ireland is regarded as a tax haven’

Ireland is regarded by much of the world as a tax haven for multinational corporations, according to a former senior IMF official, and could face major economic issues if it comes under further global pressure to alter its tax rules.

Ashoka Mody, the former head of the IMF mission in Ireland, has said Ireland’s growth figures are “meaningless” because of how skewed they are by the presence of big companies like Apple, Microsoft and Google ...