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.

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.