Ireland Budget 2017 Update
INSIGHT ARTICLE |
On Oct. 11, the Irish government announced its budget for the 2017 fiscal year. Although most of the measures introduced are domestically focused, U.S. multinationals doing business in Ireland are affected as well. In particular, the government announced no change in Ireland's low corporate tax rate of 12.5 percent, and emphasized its commitment to maintaining this rate. The government also reiterated its commitment to the OECD's Base Erosion and Profit Shifting (BEPS) project. For more information, please read this release from our colleagues at RSM Ireland.