Comments on: Ireland fights for its tax rate http://www.taxresearch.org.uk/Blog/2007/11/07/ireland-fights-for-its-tax-rate/ Richard Murphy on tax and corporate accountability Fri, 09 Jan 2009 01:32:17 +0000 http://wordpress.org/?v=2.6 By: Tax Research LLP http://www.taxresearch.org.uk/Blog/2007/11/07/ireland-fights-for-its-tax-rate/#comment-410971 Tax Research LLP Tue, 08 Apr 2008 08:17:09 +0000 http://www.taxresearch.org.uk/Blog/2007/11/07/ireland-fights-for-its-tax-rate/#comment-410971 Ian I'd suggest you've bought the fantasy, not the reality We Irish are good at spreading myths Richard Ian

I’d suggest you’ve bought the fantasy, not the reality

We Irish are good at spreading myths

Richard

]]> By: Ian http://www.taxresearch.org.uk/Blog/2007/11/07/ireland-fights-for-its-tax-rate/#comment-410463 Ian Mon, 07 Apr 2008 16:55:27 +0000 http://www.taxresearch.org.uk/Blog/2007/11/07/ireland-fights-for-its-tax-rate/#comment-410463 Ireland is making a transition from industrial nation to a modern service economy, which is why manufacturing companies like Dell are seeking lower wages in Eastern and Central European (ECE) countries like Poland. This is not something to fear, but rather something to embrace. As the Celtic Tiger era subside (which it inevitably will as ECE countries converge economically to the rest of the EU), the impacts of sound economic policy will remain –Ireland’s modern deep water ports, the enhanced transportation infrastructure, the international financial center in Dublin, and the improvements in the Irish education system that will perpetuate Ireland’s preeminence in science, engineering, and international business. As Ireland’s role as cheap manufacturer evaporates, Ireland’s will fill a new role as the stepping stone for Japanese, US, and Asian firms into the EU market – a position that will only be possible if Ireland maintains its attractive corporate tax structure. Ian Campbell, Georgia Institute of Technology MBA/MSAE Ireland is making a transition from industrial nation to a modern service economy, which is why manufacturing companies like Dell are seeking lower wages in Eastern and Central European (ECE) countries like Poland. This is not something to fear, but rather something to embrace. As the Celtic Tiger era subside (which it inevitably will as ECE countries converge economically to the rest of the EU), the impacts of sound economic policy will remain –Ireland’s modern deep water ports, the enhanced transportation infrastructure, the international financial center in Dublin, and the improvements in the Irish education system that will perpetuate Ireland’s preeminence in science, engineering, and international business. As Ireland’s role as cheap manufacturer evaporates, Ireland’s will fill a new role as the stepping stone for Japanese, US, and Asian firms into the EU market – a position that will only be possible if Ireland maintains its attractive corporate tax structure.

Ian Campbell, Georgia Institute of Technology MBA/MSAE

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