General   (General discussion, talk about anything.)

Ireland is over reliant on it’s very low corporate tax rate of 12.5 %. It attracts well paid jobs and investment from multinationals. However it’s under threat on two fronts, Joe Biden has proposed a minimum global corporate tax rate of 21% and the EU is constantly looking at ways to force Ireland to set a level of the average set in the EU of around 20%.
Apple was forced to pay back to the Irish government 13 billion Euro for back taxes five years ago. An appeal against the judgement was later successful for Apple.
If either or both threats to Irish corporate taxes comes into force it will be Goodnight Vienna for the Irish economy.