Economy

Ireland’s corporate tax boon will soon ‘dry up’, warns former OECD chief

Architect of landmark tax reforms says countries that pursued low-tax strategies will struggle to attract new foreign investment

Pascal Saint-Amans, the former director of the OECD’s Centre for Tax Policy: ‘It’s going to be much more difficult for countries like Ireland to compete on tax.’

Ireland’s record haul of corporate tax receipts will “dry up” over the coming years, the architect of the landmark OECD tax reforms has warned.

Pascal Saint-Amans, the former director of the OECD’s Centre for Tax Policy who led the negotiations on global tax reform for more than a decade, said countries like Ireland that had pursued low tax strategies to attract multinationals will struggle to win the same level of new foreign investment once the ...