Ireland as a Digital Economy - Hannah Dunphy
Ireland as a Digital Economy Hey everyone, welcome back to my channel. I hope you enjoyed my blog from last week. Today's blog is going to give a break down of the Digital Economy in Ireland. Corporation tax: The Corporation Tax rate in Ireland is 12.5% which is very attractive for multinational companies to set up due to it being one of lowest in the world (Linkedin, 2023) .TikTok, Facebook, Apple, Google and much more household names are located in Ireland (O'Carroll & Partington, 2021) , which employ over 300,000 people in Ireland (IDA, 2022) .From January 2024, the corporation tax rate in Ireland will increase to 15% (Moore, 2023) Here is a link to Pascal O'Donohoe explaining the changes around corporation tax increasing to 15% https://www.youtube.com/watch?v=GbkEWkzJjrw Member of the EU: Ireland is one of the 27 countries that is part of the EU (European Union, n.d.) , which participates in free trade arrangements of the European Union. This is a huge in...