Ireland could find it hard to sustain economic momentum due to tax changes, warns Mody

Ashoka Mody.

There is a warning Ireland could find it hard to sustain economic momentum due to international tax changes.

The former head of the IMF mission here, Ashoka Mody says Ireland should create an economy that does not depend on low corporate tax rates.

He made his comments in a book on the financial crisis.

Revenue figures show 80% of Corporation Tax was paid by foreign-owned multinational companies.

- Digital Desk

More in this Section

Wealth of vacancies in hospitality sector

Cork Airport continues growth with further development

Apple prepares to unveil TV and news subscription services

Michael Creed pledges support to farmers


Lifestyle

Sex advice with Suzi Godson: We’re getting divorced — but we’re still having sex

Open your mind to making an entrance

Sleeping next to a loud snorer? Here’s how to finally get some peace at night

Seven blissful places to go on a mother-daughter date this weekend

More From The Irish Examiner