IDA chief warns that Ireland must do a ‘huge amount’ to remain attractive after tax deal
In a stark warning to the coalition, Shanahan said the government must grapple with a range of issues from the housing crisis to potential energy shortages to remain competitive
Ireland has a “huge amount” to do to remain competitive in attracting overseas investment, the head of the IDA has warned following the government’s decision to relinquish the country’s long-held 12.5 per cent corporation tax rate for multinationals.
Martin Shanahan, the chief executive at IDA Ireland, said the country remained competitive and attractive to foreign multinationals as evidenced by an “extraordinarily strong” flow of investments this year which had recovered...
Subscribe from just €1 for the first month!
With any subscription you will have access to
Unlimited multi-device access to our iPad, iPhone and Android Apps
Unlimited access to our eReader library
Exclusive daily insight and opinion seven days a week
Create alerts to never miss a subject that matters to you
Get access to exclusive offers for subscribers on gifts and experiences
Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine
‘Offsetting measures’ needed to make up shortfall from shift away from 12.5% corporate tax rate
Ratings agency has warned of potential negative consequences of joining up to global tax overhaul
Tom Maguire: Multinationals must face brave new world ushered in by EU tax reform
It’s only a matter of time before member states bring in measures including a law change for reverse hybrid mismatches and public reporting for non-EU corporations
The last stand: how Ireland finally conceded its long-cherished 12.5 per cent tax rate
After years of resisting the global tax changes, Paschal Donohoe says the decision is in the country’s best interests and provides ‘certainty and stability’
Brian Keegan: Budget set to restore the ‘Reynolds equilibrium’
Our circumstances today share numerous parallels with 1991, when Albert Reynolds delivered the first ever televised budget speech