business
Ireland’s income tax rules hitting efforts to attract FDI, warn Enterprise officials
Tax burden falls too heavily on a ‘narrow band of high earners’, Department of Enterprise document states
Officials in Enterprise Minister Simon Coveney’s department have warned that Ireland’s income tax rules pose a “clear competitiveness problem” when it comes to attracting foreign direct investment, in a hard-hitting call to reduce the burden on high earners.
In a newly-released document, the Department of Enterprise said Ireland’s high marginal tax rates risk undermining the country’s ability to attract skilled staff and said the tax burden is falling too heavily on a “narrow band of ...