Is Stormont fit to take the gamble on a lower corporation tax?
The economist James Stewart of Trinity College Dublin has revealed details of the extent of legal tax dodging (£) involved in the Republic’s tax much vaunted 12.5% business tax rate in the Financial Times He argues that the Republic’s government seems not be aware that a vast quantity of profits are not subject to corporation tax anywhere in the world because of “double Irish” tax strategies. This dodge means that two Irish companies, one of which makes sales to customers and pays …