Brian Keegan: Time to give our indigenous businesses a helping hand

Ireland is exceptional at using the tax system to attract and promote multinational companies, but that isn’t the case for smaller firms here

21st February, 2021
Brian Keegan: Time to give our indigenous businesses a helping hand
The EIIS grants income tax relief on the value of the investment being made. For every €100 invested by an individual taxpayer, the state will refund €40

Whatever else might be said about our 12.5 per cent corporation tax regime, it carries little risk to the exchequer. Risk is not the same as cost. Of course, more tax could be collected if the rate was a few percentage points higher.

Indeed, there are straws in the wind that Rishi Sunak, the British Chancellor of the Exchequer, might reverse the recent British trend of lowering corporation tax rates in his upcoming budget on March...

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