Publication of Review of Ireland’s Corporation Tax Code Welcomed

Wexford Chamber has welcomed the publication of the Coffey Review of Ireland’s Corporation Tax Code.

Karl Fitzpatrick, President Wexford Chamber said, “This report once again confirms that Ireland’s Corporation tax regime is one of the most advanced in the world. The clear articulation of areas to focus future energies in order to ensure our system retains its standing is very valuable. The consultation process due to be announced will enable all stakeholders to share their views on this vital area.

“We also welcome Minister Donohoe’s continued commitment to our 12.5% tax rate as the bedrock of our competitiveness in this area. The certainty provided is an enormous benefit to Ireland’s competitiveness and vital as we face into Brexit and possible changes to tax systems in key markets such as the UK and the US.”