European Commission in fresh warning on Irish corporation tax base
Autumn outlook flags uncertainty ‘of some sources of government revenue’
Marco Buti, director general for economic and financial affairs at the Commission, said growth in Europe peaked in 2017 and the “outlook is now less favourable”. Photograph: iStock
The European Commission has become the latest influential body to raise concerns about the sustainability of the State’s corporation tax base.
In its autumn forecasts, the commission warned that the uncertainty “of some sources of government revenue (notably corporate income taxes)” pose a major risk to the Government’s fiscal outlook.