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Chartered Accountants Ireland has re-elected Paul Henry as president for a second term. Picture: Jason Clarke 01 June, 2021 01:00
PAUL Henry has been re-elected president of Chartered Accountants Ireland - and in doing so becomes the first to serve a two-year term of the country s largest professional accountancy body since the mid-1950s.
His re-election, confirmed at a virtual AGM, will provide stability and continuity as the body works to represent almost 30,000 accountants amid economic reopening on the island.
From Belfast, he qualified with Pricewaterhouse in 1989, and prior to his current role held positions with the IDB, Enterprise Equity, PricewaterhouseCoopers and ASM Chartered Accountants. In 2014 he served as chair of Chartered Accountants Ulster Society.
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Biden s Made in America plan, which proposes a global minimum tax rate, has reignited the flame.
While Treasury Secretary Janet Yellen said that the race to the bottom on corporate tax rates needs to end.
Consensus on tax is a debate that has fizzled for years.
Any alterations to the corporate tax landscape will have an effect on Ireland, which has stood firmly by its 12.5% rate for years.
DUBLIN Ireland s low corporate tax rate finds itself in the limelight again as U.S. President Joe Biden attempts to revamp the global tax landscape.