Ireland Inc must go 'all-in' on software and financial services

The UCC Commerce Society’s annual conference is one of the first in-person events held in the city since the lifting of Covid restrictions

(Left to right) Conference Co-Director Liam Coakley, speaker Evelyn Moynihan, CEO of Kilkenny Group and Conference Co-Director Eadaoin Murphy. Photo: Larry Cummins

Ireland Inc needs to go 'all-in' on intangible goods such as financial services and software development once the changes to our tax structures see the ultimate erosion of our multinational sector, UCC Commerce Society’s annual conference has heard.

Addressing students at the event today, Peter Coppinger the founder and CEO of task management firm Teamwork said Ireland had done really well with foreign direct investment over the last 70 years but it was inevitable that it is going to change and that there would be a slow drain on our multinational tax base over the next 50 years.