Ireland must restore international stature

IRELAND has a big job to do in restoring its tarnished reputation, the new president of the American Chamber of Commerce believes.

Ireland will also face increasing pressure to scrap the headline 12.5% rate of corporation tax that must be resisted, he said.

American Chamber president Gerry Kilcommins described the low tax regime as “the jewel in the crown” in the ongoing battle to win overseas investment.