Analysis: International co-operation to close the loopholes and exceptions facilitating corporate tax avoidance has reached unprecedented levels
US Secretary of Commerce Howard Lutnick has renewed his attack on Ireland, calling the country his “favourite tax scam”. This is a shame, and it is difficult to rationalise a categorisation of Ireland being a so-called tax scam in 2025 when our corporate tax legislative architecture is up there with the best in class.
Perhaps such a label might have held in the past when Ireland offered tax holidays in the form of Export Sales Relief at a time when Ireland (as well as most OECD countries) did not have transfer…