The Last Post: Why it was worth it for Ireland to hang tough on two little words

The deletion of ‘at least’ gives some certainty for the future but while a higher corporation tax rate might not deter major international firms from locating here, they may have other questions about the reliability of electricity supply and potential planning issues

10th October, 2021
The Last Post: Why it was worth it for Ireland to hang tough on two little words
Paschal Donohoe has negotiated that all companies with an annual turnover of less than €750 million will continue to be charged in Ireland at a rate of 12.5 per cent. Picture: Bloomberg

Some of the arguments put forward about Ireland agreeing to take part in an internationally coordinated increase of corporation tax were a bit baffling. Surely getting 15 per cent tax out of the profits companies make instead of 12.5 per cent would mean more money for Ireland, instead of the €2 billion per annum fall the government was warning us about?

As it turns out, it was always a bit more complicated than that, because the new...

Subscribe from just €1 for the first month!


What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Related Stories

The strange case of Perrigo, the Revenue and the shrinking tax demand

We cannot allow hugely lucrative business tourism to depart for other shores

Matt Cooper: O’Leary takes aim at Ryan as climate goals and aviation recovery collide

The Last Post: Fianna Fáil looks into its soul and finds confusion and fear