The eye-care multinational Bausch + Lomb can be trusted to provide assurances whenever doubts emerge about Ireland’s attractiveness as a foreign direct investment destination. In July 2021, as the Government pondered whether to sign off on a global agreement to increase the corporation tax rate for large multinationals from 12.5 per cent to 15 per cent, Bausch + Lomb announced a €90 million expansion of its Waterford factory. The group is headquartered in Canada, listed on the New York and Toronto stock exchanges, sells half of its contact lenses and other vision medical products in the US, and has a…

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