Lucinda Creighton: We need to be on the inside if we are to influence global tax deal details

Ireland is just one of nine countries that didn’t endorse the proposals at the G7 summit for a 15% international corporate tax regime. Are we undermining our moral authority as a result?

11th July, 2021
Lucinda Creighton: We need to be on the inside if we are to influence global tax deal details
Eurogroup President Paschal Donohoe poses for photographs as finance ministers from across the G7 nations meet at Lancaster House, in London. Picture: AP Photo/Alberto Pezzali, Pool

Ireland has been under pressure for some time in relation to its corporate tax rate. The financial crisis which led to the near bankruptcy of the Irish state, followed by emergency IMF and EU bailouts designed to keep the lights on, caused many of our nearest neighbours to begin to cast a very critical eye on our economic model.

The argument was simplistic – you cannot expect to have 21st century services if you apply...

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