Coalition can find a tasty replacement for the Double Irish

Ireland’s attractively low rate of corporate taxation is once again under pressure with the recent release of the European Commission’s new action plan to tackle tax avoidance.

The commission has been prompted into this politically ambitious move by public outcry over big, usually American, companies avoiding tax in the EU.

With the ‘LuxLeaks’ scandal around special tax status given to certain companies, such as Amazon in Luxembourg, came the realisation that certain EU governments themselves had been weakened by their complicity in making deals with multinational corporations.