Irish to Exit Austerity as Attention Turns to Company Tax
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Ireland is moving into the post-austerity era as the economy recovers, and companies using the country to avoid tax may be the government’s next target.
Finance Minister Michael Noonan will unveil next year’s budget in Dublin today, and mark the first time since 2008 there won’t be an increase in taxes or cut to spending. As he tries to bolster popular support, he may also look at tightening a corporate tax regime that’s come under international scrutiny, while at the same time lowering the top rate of income tax.