Submission to the Department of Finance in advance of the Finance Bill 2023
Supplementary to AmCham’s Budget 2024 submission, AmCham is pleased to outline its recommendations for the Finance Bill in relation to taxation.
US Multinational Corporations (MNCs) have played a vital role in Ireland, contributing to its economy, fostering talent development, and positioning the country as a central hub in global supply chains. Ireland has successfully attracted high-value investments, generated significant employment opportunities, and is serving billions of customers and patients worldwide. Ireland has demonstrated its ability to compete for advanced technology and manufacturing investments across various sectors. However, with the upcoming implementation of the new OECD Pillar Two Rules, it is crucial for Ireland's tax regime to remain competitive and attractive to US FDI.
Read full submission here
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