Minister urged to accommodate international holding companies

The Institute of Certified Public Accountants (CPA) has called on the Minister for Finance to introduce a series of initiatives…

The Institute of Certified Public Accountants (CPA) has called on the Minister for Finance to introduce a series of initiatives aimed at prolonging economic growth by making the Republic an attractive location for international holding companies. "A dual opportunity exists to create some highly paid employment and to open up further opportunities for Irish service companies," said CPA president Mr Denis Ryan. He said the Irish corporation tax system was far less favourable than the regimes applying in other European countries such as the Netherlands, Belgium and Luxembourg.