Ireland’s corporation tax bonanza of recent years has been well documented, but now that Donald Trump is back in office, that particular gravy train may be about to come under threat. US president Donald Trump has moved to pull his country out of a landmark global corporate tax deal, setting up a potential stand-off between his administration and the European Union, with Ireland caught in the middle. Jack Power and Eoin Burke-Kennedy have the details, while Cliff Taylor breaks down just what is at stake in the row.
Trump was inevitably the main topic of discussion at the second day of the World Economic Forum at Davos, with EU Commission president Ursula von der Leyen and German leader Olaf Schultz among those choosing their words carefully. Eoin is at the forum in the Swiss town, where he also assesses the view on where Trump’s tactics come from.
Intel is still betting big on Ireland with the company’s €17 billion Leixlip plant seen as an “critical” to reversing the slide in the once-dominant chipmaker’s fortunes, according to sources close to the company. Eoin has the details.
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Peter Flanagan
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