New report advises government to increase tax on IP rights

The government will be told to increase some forms of taxation on multinational companies in a landmark corporate tax report to be published before the budget.

The report will recommend that the state increase taxation on multibillion-euro revenues which arise from intellectual property rights.

The IP revenues have been moved into Ireland in a major way in recent years, as the OECD has clamped down on rights being allocated to jurisdictions where companies ...