Peter Vale

46 results

Food ingredients giant Kerry Group reported effective tax rates of 12.3%-12.8% in  past two years.

Ryanair, Glanbia and Kerry Group are among the most vulnerable Irish public companies to tax bill hikes from the Organisation for Economic Co-operatio(...)

The OECD deal is not done. A number of countries who signed up to the original draft deal are threatening to pull out, and some developing countries argue they are not getting a fair deal

And so the crunch has come. It looks as if the Cabinet will be asked on Thursday to give the green light to ending the 12.5 per cent corporate tax rat(...)

The star performer of the July exchequer figures has come in the form of VAT receipts, which the Department of Finance described as ‘very strong’. File photograph: Dara Mac Dónaill

A summer spending splurge by Irish consumers helped to drive the State’s tax receipts last month almost 12.4 per cent higher than expected, and one-th(...)

While the Biden administration is leading the charge internationally on the tax reform plan, it remains unclear whether it can deliver at home. Photograph: EPA/ Samuel Corum / Pool

Thank goodness for corporation tax. There may be doubts about the hit it will take from global tax reform, but for the moment it is the gift which kee(...)

The Minister for Finance Paschal Donohoe’s department  said  the exchequer deficit  was €5.3 billion for the six months to June 30th. Photograph: AFP via Getty

A €32 billion bill to combat the impact of Covid-19 left the State almost €12.3 billion in the red at the end of last month, according to June’s exche(...)

Pubs, restaurants and retail have reopened but some sectors of the Irish economy never stopped growing during the pandemic.

Recent Irish economic indicators have, in the main, been remarkably strong. With reopening just getting under way, how is this happening and what does(...)

Japan’s finance minister Taro Aso with Minister for Finance and Eurogroup president Paschal Donohoe at the G7 finance ministers meeting in London at the weekend. Photograph: Rob Pinney/PA

After this weekend’s agreement among G7 finance ministers, there is no doubt that the corporate tax issue is now coming to the boil after years of tal(...)

Minister for Finance Paschal Donohoe and Minister for Public Expenditure and Reform Michael McGrath. Photograph: Julien Behal

The Irish Fiscal Advisory Council (Ifac) this week delivered what can only be described as a stinging attack on Government budgetary policy. The fisca(...)

Minister for Finance Paschal Donohoe said part of the VAT rise was a “base effect” caused by deferment of VAT payments last March as the economy entered crisis mode. Photograph: Alan Betson

The Government has highlighted the “resilience” of consumers and the labour market, as a rise in income tax and VAT receipts helped to limit the huge (...)

US president Joe Biden speaks  to the press  in the East Room of the White House on April 1st, in Washington, DC. Photograph: Drew Angerer/Getty Images

Tax experts say that key negotiations with the US Congress on details of the new tax plan proposed by president Joe Biden will determine the extent of(...)

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