The Irish Prime Minister has described the 12.5 percent corporate tax rate as a “cornerstone of the offering of attractiveness that Ireland has,” telling the US Chamber of Commerce that his country is open for business. Although a few years ago Ireland was in serious difficulty, it has made great strides toward prosperity. The Prime Minister has also emphasized the need for a constructive dialogue on any concerns other states may have about Ireland’s corporate tax rate which is considerably lower than most of its competitors. Although the corporate tax rate has been the subject of tense debate in the US Senate, the Irish Prime Minister has pointed out that Ireland does not meet any of the criteria used to define tax haven status.
Related Posts
Ireland: Lower House approves amending protocol to tax treaty with Sweden
July 22, 2026
Ireland's Lower House of Parliament approved the second protocol amending the 1986 income tax treaty with Sweden on 15 July 2026. Signed on 3 June 2026, the protocol introduces several updates to the treaty. It replaces the preamble to
Read More
Ireland: Lower house approves income tax treaty with Liechtenstein
July 21, 2026
The Irish lower house of Parliament approved the income tax treaty with Liechtenstein on 15 July 2026. Signed on 30 October 2024, the agreement regulates the elimination of double taxation in cross-border situations. It is based on the
Read More
Ireland reintroduces 9% VAT for food businesses, hairdressers
July 07, 2026
Ireland's Government has announced, on 30 June 2026, the reintroduction of the 9% VAT rate for food and catering services and hairdressing from 1 July 2026, delivering a commitment set out in the Programme for Government. According to the
Read MoreIreland: Revenue updates dividend withholding tax guidance for partnership distributions
July 01, 2026
Ireland's Revenue has published eBrief No. 108/26, updating Tax and Duty Manual Part 06-08a-01 Dividend Withholding Tax - Details of Scheme to clarify when distributions may be paid, either directly or indirectly, to an Irish partnership or a
Read MoreIreland: Revenue updates dividend withholding tax guidance
June 30, 2026
Ireland’s Revenue has issued updated guidance on the operation of the Dividend Withholding Tax (DWT) regime. Tax and Duty Manual Part 06-08a-01 Dividend Withholding Tax - Details of Scheme, which provides guidance in respect of the operation of
Read MoreIreland: Revenue updates Pillar Two TIR and NoF filing guidance, confirms penalty relief
June 30, 2026
Irish Revenue issued eBrief No. 109/26 on 26 June 2026, providing updated guidance on the filing of the Globe Information Return (Top-up Tax Information Return - TIR) and the Notification of Filer (NoF). The revised guidance also covers penalty
Read More