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Beps impact on Ireland? So far, so good

  • 09-12-2015 9:59am
    #1
    edward2222
    Registered Users, Registered Users 2 Posts: 116 ✭✭


    Credit to: Offshore News : Beps impact on Ireland? So far, so good
    The decision of some US multinationals to move some of their IP from offshore subsidiaries to Ireland at this early stage is another welcome fillip to our corporation tax receipts. Most, it is reported, have yet to make any such move, but if it is logical for one or two to do so now, the closing of the “double Irish” tax structure at the end of this decade should prompt a few more to apply similar thinking. Ireland’s 12.5 per cent tax rate can be used as a shield against the greedy designs of policymakers in the UK, France and Germany. Ireland may come to be viewed as a safe harbour in a post-Beps world.

    The initiation of Beps was a concern to those interested in the future attractiveness of Ireland’s FDI offering, but it has to be said that, so far, so good. It is often said that the Beps recommendations are likely to be the basic rulebook for the coming two decades or so. A combination of luck and smart policymaking, perhaps, and a break we should make wise use of.

    So far, so goo, hope this will continue :)


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