Your new post is loading...
US investment in Ireland could dry up if President Biden leads a major change to global tax rules.
|
Scooped by Graham Watson |
Scoop.it!
No comment yet.
Sign up to comment
Could an unintended consequence of President Biden's expressed desire to amend global corporate tax rules so as to establish a minimum level be lower levels of US investment in Ireland?
Certainly it seems likely: Ireland's current corporate tax rate of 12.5% is one of the lowest, if not the lowest in the developed world and it has attracted a lot of inward investment, particularly from the tech sector.