Early headlines in 2024 look ominous for foreign direct investment (FDI) in Ireland. On January 1, the corporate tax rate rose to 15 per cent to comply with OECD reforms, which commentators say will yield a quick bump in corporate tax receipts but gradually drive companies to relocate. And as the year progressed, marquee companies such as Google, Microsoft, and TikTok announced layoffs, sparking fears of bigger job losses ahead.   Whether or not you think the two stories are related, and I do not, it’s worth contemplating whether 2023 marked the high point of Ireland’s FDI competitiveness. And since US…

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