Big chunk of exchequer’s income could 'vanish' if handful of US companies change their tax profile
A video grab from footage circulating on social media of protesters on the streets of Tehran. Economists warn that, in an already fraught geopolitical situation, events in the US, Iran, Venezuela, or Greenland could plunge the world into recession. Picture: UGC/AP
Continued over-reliance on corporate tax receipts from US multinationals remains one of the biggest threats to Ireland’s financial stability in 2026, leaving the country in “big trouble if it dries up”, economists have warned.
A sudden shift in the geopolitical scene outside the country could plunge Ireland into recession.
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