Economists are divided about when the next US recession will arrive, but they largely agree on this: The country will need to fight it with a massive fiscal programme, and be ready to swallow deficits that may eclipse the trillion-dollar shortfall run by the Trump administration this year.
Mon, 14 Oct, 2019
Tax returns for July will bring comfort for the time being to Paschal Donohoe and his October budget preparations despite Brexit fears, commentators said, as Vat and corporate tax revenues brought in more than was anticipated in the month.
Fri, 02 Aug, 2019
The US Federal Reserve has held interest rates steady but signalled possible rate cuts of as much as half a percentage point over the remainder of this year, as it responded to increased economic uncertainty and a drop in expected inflation.
Thu, 20 Jun, 2019
The visit of US President Donald Trump to Shannon last week may have improved his chances of re-election next year, as he and his sons made the most of the welcome in Doonbeg to flaunt the Irish connection and appeal to the 30 million Irish-Americans back home.
Sun, 09 Jun, 2019
A prediction by the French finance minister that the EU plan to tax revenues of tech companies in Europe will be set at a rate “closer to 2% than 6%” will boost the chances of the proposal being adopted in the face of Irish opposition, a leading Irish tax expert has said.
Mon, 05 Mar, 2018
The Republican tax bill unveiled last week in the US Congress could disrupt the global supply chains of large, multinational companies by slapping a 20% tax on cross-border transactions they routinely make between related business units.
Mon, 06 Nov, 2017
The Trump administration needs to deliver on a number of its campaign promises if the rally in the US stockmarkets — which, in turn, can boost European markets, including the Iseq — is to last. This month marks the 10th anniversary of the beginning of the global financial crisis that set off the Great Recession.
Tue, 15 Aug, 2017
THE head of the European Central Bank (ECB) has expressed concern about the Trump administration’s moves to relax financial oversight, saying such deregulation helped pave the way for the global financial crisis.
Mon, 06 Feb, 2017
Tue, 15 Nov, 2016
THE €13bn question most people are asking today is why the Irish Government is not keeping that huge sum following yesterday’s declaration by the European Commission that Apple, the richest company in history, owes Ireland that amount in unpaid and allegedly illegal tax benefits from a sweetheart deal between the State and the tech conglomerate.
Wed, 31 Aug, 2016
Pfizer, which last month abandoned its $160 billion (€140bn) quest for Allergan — a deal which was controversially driven by a so-called tax inversion based on Ireland’s low tax regime — reported quarterly results that blew past analyst estimates.
Wed, 04 May, 2016
Wed, 27 Jan, 2016
Tue, 24 Nov, 2015