DUBLIN—Ireland dropped its opposition to an overhaul of global corporate tax rules on Thursday, agreeing to give up its prized 12.5 percent tax for large multinationals in a major boost to efforts to impose a minimum rate worldwide. Ireland, the low-tax European headquarters for blue chip companies including Apple, Google, and Facebook, declined to sign…
Ireland Agrees to Global Tax Deal, Sacrificing Prized Low Rate
October 8, 2021
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UK ‘Not Likely’ to Trigger Brexit Safeguard Measures: Irish Foreign Minister
Irish foreign minister Simon Coveney said on Wednesday that he doesn’t believe the UK will trigger the safeguard measure in the Northern Ireland Protocol any time soon. Coveney’s comment came after the UK’s Brexit Minister David Frost hinted that he could trigger the Article 16 safeguard mechanism if the UK and the EU can’t agree on a solution…
Ireland Says Final Global Tax Text Due on Wednesday, Hopes to Sign Up
DUBLIN—A final text of a global corporate tax overhaul is due to be circulated to negotiating countries later on Wednesday, Ireland’s foreign minister said, adding that the Irish government hoped to sign up. “I am hopeful Ireland can be part of supporting this new measure but we have to wait for the final text which…
Minister Confident Ireland Will Join Global Corporate Tax Deal
October 5, 2021
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DUBLIN—A senior Irish minister said on Tuesday he was confident the government would sign up to an overhaul of global corporate tax rules this week after updated proposals were circulated to negotiating countries. Ireland, the low-tax European headquarters for a number of the world’s largest multinationals, has declined to sign up to the Organisation for…
Irish Manufacturing Growth Slips to 6-Month Low: PMI
DUBLIN—Growth in Irish factory activity slipped to a six-month low in September but remained close to all-time highs with the sector showing signs of inflationary pressures, a survey showed on Friday. The AIB IHS Markit manufacturing Purchasing Managers’ Index (PMI) slipped to 60.3 in September from 62.8 in August and down from May’s record reading…
Ireland to Back Global Tax Deal If Concerns Met: Minister
DUBLIN—Ireland will likely sign up to an overhaul of global corporate tax rules if certainty is brought to bear on its concerns when an updated text of the OECD’s proposals is published shortly, Finance Minister Paschal Donohoe said on Thursday. Ireland, the low-tax European headquarters for a number of the world’s largest multinationals, has so…
800-Year-Old Medieval Chain Mail Vest From Norman Period Discovered in Longford, Ireland
A link to Ireland’s medieval past was located in a shed after a chance encounter during Granard’s Heritage Week this summer. That find consisted of an authentic, stunningly well-preserved 800-year-old chain male vest—called a hauberk—discovered fully intact. Bartle D’Arcy, general manager of local heritage center Granard Knights & Conquests, was wearing a replica hauberk mid-August…
Petrol Bombs Thrown During Night of Disorder in Northern Ireland
A gang of up to 30 people, including masked men, threw masonry and petrol bombs during a night of disorder in the Northern Irish County of Tyrone. Police are investigating a number of incidents that happened in Dungannon on Saturday night. From around 10:40 p.m. to around 2:30 a.m., a number of reports were made…
Ireland’s Catholic Church, Government Clash Over COVID-19 Restrictions
DUBLIN—Five Roman Catholic bishops from Ireland’s 22 dioceses are set to defy COVID-19 restrictions after instructing local parishes to hold communion and confirmation services this month, drawing a sharp rebuke from the government, which have pleaded with them to wait until they consider further easing curbs later this month. Ireland has been gradually unwinding its…
Irish Government Makes Wedding U-turn After Bridal Backlash
DUBLIN—Exasperated brides-to-be dressed all in white to protest outside Ireland’s parliament on Tuesday while others inundated radio call-in shows to criticise COVID-19 restrictions, forcing the government to ease limits on wedding guest numbers. Ireland, which has implemented some of Europe’s toughest restrictions during the pandemic, has been gradually unwinding its third and longest lockdown and…
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