Updated / Tuesday, 20 Apr 2021
12:42
Michael McGraht said the Government is examining the issue of insurance firms seeking to deduct such payments from payouts owed to businesses
Minister for Public Expenditure and Reform Michael McGrath has said the Covid-19 supports paid to businesses were never intended to be a subsidy for insurance companies .
The Minister said the Government is examining the issue of insurance companies seeking to deduct such payments from payouts owed to businesses. The supports that the state has provided to businesses were never intended to be a buffer for the profits of insurance companies, Mr McGrath said on his way into a Cabinet meeting at Dublin Castle today.
Cabinet to hear US corporate tax reforms a significant challenge for Ireland Tánaiste expected to get Cabinet approval for law that would ban ticket touting and reselling for large events
about 2 hours ago
Corporate tax reforms planned by the United States represent a significant challenge for Ireland, Ministers will be warned on Tuesday.
Minister for Finance Paschal Donohoe is to bring a memo to the Cabinet meeting updating his colleagues on work being done at the Organisation for Economic Cooperation and Development (OECD) on the international tax framework.
However, it is thought he will outline the scale of the challenge to Ireland’s corporate tax policy posed by a set of corporate tax reforms planned by US president Joe Biden, which would impose a flat rate of tax on foreign earnings of multinationals.
Covid-19: Minister seeks solidarity tax on high earners and firms highly profitable in pandemic irishtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from irishtimes.com Daily Mail and Mail on Sunday newspapers.
Forbes has said an article that described Limerick as âstab cityâ did not meet their editorial standards.
The article, which was published on Friday and removed shortly afterwards, detailed the âescapeâ of billionaire brothers Patrick and John Collison from Limerick to Silicon Valley, with the success of their online payments company, Stripe.
âSome call it âstab cityâ,â began the article by contributing writer Stephen McBride.
âMany folks think Ireland is all rolling green hills and five-star golf courses. But in the middle of the Irish countryside is a city called Limerick â known as the âmurder capitalâ of Europe.â
The article continued: âLimerick is the last place you want your kids growing up. But two brothers who went to high school there recently beat the odds. Not only did they escape âstab cityâ, they moved to Silicon Valley.â
Taoiseach criticised for failure to provide details on €292k salary for next health chief irishtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from irishtimes.com Daily Mail and Mail on Sunday newspapers.