Lucinda Creighton: Biden’s mud-slinging on tax havens is damaging to Ireland

Inaccurate and incendiary language from the new US administration ignores the fact that the issue is rooted in a loophole in its own tax code

18th April, 2021
Lucinda Creighton: Biden’s mud-slinging on tax havens is damaging to Ireland
US President Joe Biden has promised to stamp out corporate tax avoidance and to re-shore the profits of American multinational companies overseas. Photo: Getty

The US government has decided that it will reform the global corporate tax regime. This is an interesting development, and may eventually be a welcome one, given that the US itself has operated a failed domestic corporate tax regime for decades. Let’s hope this domestic model will not form the basis for President Joe Biden’s corporate tax reform plans, or we will all be in some trouble.

Biden is not the...

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