The IDA says the decision to increase our corporate tax rate shouldn't have a negative impact on foreign investment here.
Yesterday, the Cabinet announced it would sign up to the OECD deal.
It'll see Ireland's rate increase from 12.5 to 15 percent from 2023, for companies with revenue of more than 750 million euro.
Martin Shanahan, CEO Of IDA Ireland, believes high levels of foreign direct investment will continue despite the higher tax rate:
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High: 8°C | Low: 5°C
Light rain shower
High: 9°C | Low: 5°C