IDA: Corporate tax reform threat not denting Ireland's appeal to multinationals

IDA chief executive Martin Shanahan said global foreign direct investment flow is expected to increase by up to 15% this year and multinationals continue to have 'significant confidence' in Ireland

IDA chief executive Martin Shanahan, Tánaiste Leo Varadkar, and IDA chairman Frank Ryan at the launch of the IDA's half-year results.

Ireland is on a “positive trajectory” in terms of in-bound multinational investment growth, the IDA has said, despite the potential threat from global corporate tax reform.

And, the Tánaiste said the Government would aim to nullify stealth taxes, partially to maintain Ireland’s attractiveness to foreign multinational workers.