‘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
Ireland’s historic shift away from its headline 12.5 per cent corporate tax rate will put pressure on the country’s public finances if not offset by other measures, S&P has warned.
The global ratings agency said the government’s landmark decision to move to a minimum effective rate of 15 per cent had “no immediate effect” on its view of Ireland’s sovereign credit quality but highlighted the country’s growing dependence on corporate...
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Accountancy and legal firms warned Donohoe about corporate tax reform
Accountants said FDI will be negatively affected by new global rules while lawyers said they could be unconstitutional
Tom Maguire: Multinationals must face brave new world ushered in by EU tax reform
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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’
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