Our diplomats facing a fight in Brussels and it’s not about Brexit
Looming new corporate tax proposals open up another battlefront for Ireland
The European Union flag flies outside the European Commission building in Brussels: in a landmark decision the commission found that Apple owed the Irish Government over €13bn plus interest for unpaid tax. Photograph: Jasper Juinen/Bloomberg
As if Brexit and the possibility of US tax changes do not present enough uncertainty for Irish economic policymakers, new corporate tax proposals set to be discussed by EU finance ministers open up another battlefront for Ireland. The big EU countries are putting forward a plan that would transform the basis on which major US companies pay tax in Europe, a move that threatens to undermine one of the pitches Ireland uses to attract major US investors and damage our corporate tax base.