Ireland is doing the sensible thing on corporate tax

It makes sense for State to see if US Congress approves Biden plan for a 15% minimum rate

Minister for Finance Paschal Donohoe has said he hopes the OECD negotiations will yield an outcome which Ireland can support. Photograph: Alan Betson

Minister for Finance Paschal Donohoe has said he hopes the OECD negotiations will yield an outcome which Ireland can support. Photograph: Alan Betson

I am a big fan of Fintan O’Toole, although I might be perceived as an ideological opposite. Black Hole, Green Card was the first of his books I read around the mid-1990s and I still have my well-thumbed volume and almost all his subsequent works. His books will still be read in 20 years’ time and beyond to get a perspective on Ireland that is sometimes arguable, occasionally uncomfortable and always insightful.

O’Toole’s opinion pieces are like that too, which is what makes them essential reading. Often I agree with them (more so as I get older) but sometimes I disagree violently – however, as a reader, that is what you want. For me, though, his piece in last Tuesday’s Irish Times,“Ireland is both immoral and stupid on corporate tax”, was a damning conclusion based on a false understanding.

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