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Jun 8 2021, 08:25 IST/BST
Ireland’s attractiveness for foreign direct investment (FDI) will remain even if the G7 finance ministers’ proposals on global tax reforms are implemented. A key point is that Ireland’s main competitor, the UK, is planning a 25% corporate tax rate from 2023 and is now outside the EU single market. Also, we expect the fiscal cost will be substantially less than €2bn, especially if Ireland eventually raises its corporation tax rate to 15%.
Jun 8 2021, 08:25 IST/BST