Paschal Donohoe: We're committed to corporation tax reform, but 12.5pc rate is here to stay - News Summed Up

Paschal Donohoe: We're committed to corporation tax reform, but 12.5pc rate is here to stay


Ireland has made significant changes to its corporation tax code in recent years to ensure that the right amount of tax is paid by the right companies in the right places. Often we have received little acknowledgment of this. Ireland has made significant changes to its corporation tax code in recent years to ensure that the right amount of tax is paid by the right companies in the right places. By eliminating stateless companies and bringing an end to the so-called 'Double Irish', we have closed off gaps which inadvertently allowed companies to exploit differences in global tax rules to produce very low tax rates across their global operations. We have made great strides to ensure a fairer and more transparent tax system exists here in Ireland, for businesses of all kinds.


Source: Irish Independent September 10, 2018 01:30 UTC



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