Tax
Michael McGrath seeks cabinet approval for new corporate tax reserve fund
Minister for Finance wants to publish a policy paper on the new long-term fund which will be used to pay for the higher pension, health costs and homecare costs
Michael McGrath, the Minister for Finance, is bringing a memo to cabinet this week about setting up a new long-term national reserve fund to hold the corporation tax windfall.
He is going to ask ministers at the cabinet meeting on Tuesday for approval to publish a policy paper on the new long-term fund which will be used to pay for the higher pension, health costs and homecare costs of a rapidly ageing population.
This scoping ...
