TRUMP TAX: WHAT IT MEANS FOR THE MULTINATIONALS IN IRELAND

IRELAND has been fighting to preserve the tax advantages it offers US firms who base their European headquarters in the country, with the Trump administration’s tax reforms creating new incentives for American firms to repatriate jobs, profits and intellectual property. The Tax Cuts and Jobs Act, signed into law last December (2017) by President Donald Trump exceeded the expectations of many in its significance, believes Harry Harrison, FDI Tax Partner, PwC Ireland, who points to its “many fundamental changes” to the US tax system. This tops a reduction in ...


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