The US-headquartered software multinational was among the latest to move multi-billion-dollar intellectual property to Ireland two years ago. It was worth the wait.
Having delivered Budget 2023, Minister for Finance Paschal Donohoe speaks candidly about his time in office – from achievements to regrets. He also talks about the specifics of the budget, the future of taxation, and governing in a time of crises.
Intense discussions are continuing to decide how international principles agreed at OECD-sponsored tax negotiations will be implemented, and the devil is in the detail.
By tinkering with corporation tax, Minister for Finance Paschal Donohoe is giving assurances that Ireland is ready for the 15 per cent minimum rate. There may be deeper reforms on the table, but they will be for his successor to lead to fruition.
The response to the Commission on Taxation highlights yet again that this government, like the one before it, is not that interested in the sometimes difficult opinions of experts. This is a pity.
The European Parliament’s tax group is visiting Ireland to tackle the use of this country as a base to locate profits “at the expense of taxpayers in Europe,” according to its chair. Sinn Féin’s position in support of current tax policy is part of the equation.
A business linked to a former member of Israel’s cyber warfare unit is under investigation by the European Parliament after its software was used to spy on a Greek journalist. Its corporate headquarters is in Ireland.
Income tax competition is the new corporation tax. And, as the state grows ever more reliant upon income tax, the companies paying the most of it want it to be reduced. What happens next?
Pascal Saint-Amans’s career as OECD tax director culminated one year ago when he secured a global agreement to overhaul corporation tax. As he leaves this position, he assesses the work remaining to be done.
A government briefing paper has laid bare the trends in the betting industry in Ireland, where punters are expected to bet more than €5.1 billion this year.
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