IMF pushes Donohoe for action on tax change

The IMF has aimed an early warning shot at Paschal Donohoe, telling the finance minister to avoid any more huge spending over-runs on healthcare and to get on with significant tax changes, including the local property tax, Vat, and the USC.

In its most prescriptive warning yet, the IMF said that though the “dynamic” economy and government finances are in good shape, the country needs to face up to substantial risks from Brexit and reforms to the global corporate tax regime that could undermine Irish prosperity.