An Irish protest sign, October 14 in Dublin. © AFP.
Ireland eliminates tax advantages it offers to multinationals. That made the Irish Finance Minister Michael Noonan on Tuesday.
Ireland stops the so-called ‘Double Irish’. That loophole in the tax law allows international companies to slide, so to come out. Among the taxes by billions Starting early next year, it is no longer possible to be eligible. For this scheme The benefits for companies that already use the tax route running off in 2020.
Ireland is internationally under great pressure to change, because the country is seen as a tax haven for big companies. His tax rules For example, the European Commission recently that a tax deal that the country did not comply with EU rules comply with Apple.
Ireland keeps time being attached to its relatively low corporate tax, which many international companies to the country drawn.
Tuesday presented budget for next year, the Irish government is counting on an economic growth of 3.9 percent in 2015, while the budget deficit is expected to drop to 2.7 percent of gross domestic product ( GDP).
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