US businesses will not be put off by ‘double Irish’ removal: Ambassador

The recently appointed US ambassador to Ireland has said that he does not believe the phasing out of the controversial "double Irish" tax scheme will dissuade American businesses from coming to Ireland.

Kevin F O’Malley made the comments during his first official visit to Cork yesterday, during which he will give a lecture to law students at UCC, met the lord mayor at City Hall, and toured the National Maritime College of Ireland and the Irish Maritime Energy Resource Cluster in Ringaskiddy.

“I don’t think it will have an affect on American companies coming to Ireland,” he said in UCC.