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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Wicklow Beaches To Host Kids Sea Safari Workshops In August
* Limited Spaces Remain *
7:00am - 10:00am
Saturday Breakfast
10:00am - 2:00pm
Live from the Bray Air Display!
Light rain shower
High: 20°C | Low: 11°C
Sunny intervals
High: 20°C | Low: 11°C
Light rain shower
High: 20°C | Low: 9°C
Sunny intervals
High: 20°C | Low: 8°C
Light rain shower
High: 21°C | Low: 8°C
