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Ennis Economist Says Corporation Tax Rise Now ‘Inevitable’

An Ennis economist believes a rise in Ireland’s corporation tax rate is now ‘inevitable’.

Ireland currently charges companies 12.5 percent on its profits, though more than 130 countries have now agreed to implement a minimum figure of 15 percent.

Both the Taoiseach and the Tanaiste have refused to commit one way or another to the current rate here in recent days.

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Ennis native and Assistant Professor of Social Policy at UCD, Micheál Collins, says should the move take place, it will provide headaches for the Government.

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