Monday, 25 November 2024

Ireland prices corporation tax loss from Trump policies at €10bn

Figure costed for three multinationals repatriating to US after nomination for commerce secretary hits out at Ireland’s tax regime

Ireland’s prime minister has said the country could lose €10bn (£8.35bn) in corporate tax if just three US multinationals were repatriated to America under a hostile Donald Trump administration.

His remarks come just days after Trump nominated the Wall Street investor Howard Lutnick to lead the Department of Commerce with direct responsibility for trade.

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from World news | The Guardian https://ift.tt/zNOUy9V

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