Budget 2017: New report plans to avoid corporate tax potholes

A special corporation tax report and tax changes to insulate the country from the harsh effects of Brexit took centre stage in Finance Minister Michael Noonan’s budget.

Seamus Coffey, the UCC economist, has been appointed to write a key report on the corporation tax aimed at keeping Ireland’s tax regime out of the international headlines.

Finance Minister Michael Noonan announced that the Government had commissioned the new report as a key part of the 2017 budget, saying that the headline 12.5% rate wasn’t under threat.