Report finds that Ireland's tax deals are taking money away from developing countries

Report finds that Ireland's tax deals are taking money away from developing countries

Ireland's tax treaties are costing developing countries millions of euro according to a new report.

The study by ActionAid examined the effects of 500 international tax agreements and their impact on lower income countries.

Ireland's ranked joint lowest in the survey.

According to the report, 47% of Ireland's foreign direct investment is said to be routed through shell companies.


More in this Section

Masked men condemned for shooting in house with four childrenMasked men condemned for shooting in house with four children

'One in a million': Ghost ship from African coast washes up on rocks in Cork'One in a million': Ghost ship from African coast washes up on rocks in Cork

Storm Dennis: Hailstones the size of marbles fall in KilkennyStorm Dennis: Hailstones the size of marbles fall in Kilkenny

Gardaí concerned for well-being of missing Wicklow womanGardaí concerned for well-being of missing Wicklow woman


Lifestyle

When Marisa Murphy went to play as a teenager on Dinish Island, she could still see the flowers growing among the ruins in her grandmother’Islands of Ireland: Barely inhabitated Dinish became an industrial zone

MAC make-up artist Lucy Bridge shares her tips backstage at Roland Mouret.How to create the perfect matte red lip, according to a backstage beauty expert

New trends include chunky heeled boots, silver belts and lots of plaid from the British designer.Victoria Beckham got ‘rebellious’ for her new collection – as David and family watched on

When horses were shown photographs of angry human faces, their hearts speeded up.Jackass penguin talk is similar to humans

More From The Irish Examiner