The pharma giant, one of Ireland's top-three taxpayers together accounting for almost half of corporation tax payments in 2024, is accelerating its growth on the back of successful weight-loss drugs.
With Ireland’s prosperity so tightly linked to US corporations and tax frameworks, looming changes in American fiscal policy pose a deeper, more immediate economic risk than global geopolitical tensions.
The Windsor Framework has granted Northern Ireland unique access to the UK and EU goods markets. But with businesses yet to feel the benefit, Chartered Accountants Ireland call for lower corporation tax to complement dual-market access.
Yesterday, Ifac and the Central Bank released separate reports on the country’s future economic outlook. Trump’s tax and tariff threats aside, both are clear there are enough domestic challenges to iron out to retain a stable economic position.
With Budget 2025 imminent, the minister for public expenditure and reform talks about his economic priorities, countering the rise of the far right, and what Ireland’s economy will look like in a decade.
The €13bn Apple tax ruling ensures the competition commissioner is leaving her post with a smile – and with the spotlight once again on Ireland’s relationship with multinationals.
Wirecard’s failed Irish business is embroiled in a legal tussle with the Irish tax authority. At stake is tens of millions of euro in withheld corporation tax refunds.
Ireland’s tax chief Niall Cody talks lessons from the pandemic, the 15 per cent corporation tax, drugs trends and taxing the influencers.
The remarkable turnaround in Ireland’s economy over the past decade has been built on the back of a small cohort of multinationals. However, the better they do, the more pressure will come on Ireland.
The burning platform analogy is useful because it forces you to consider previously unthinkable choices. For example, what would happen if corporation tax fell by €2 billion a year every year until 2035?
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