Businesses in Northern Ireland involved in all-island cross-Border trade have set up operations in the Republic to benefit from its lower corporation tax rate, a leading Belfast-based tax expert has said.
“We’ve had quite a few businesses who have expanded cross-Border, set up proper branches or companies, and intend to do more. So that’s certainly been a drive,” said Grant Thornton’s Alan Gourley.
He was speaking at the launch of a major four-year macroeconomic study of Northern Ireland and the all-island economy, undertaken by the Economic and Social Research Institute (ESRI) and the National Institute of Economic and Social Research (NIESR).
However, the traffic in setting…