The American Chamber of Commerce Ireland yesterday strongly welcomed the commitment in Budget 2017 to investment and employment with a package of measures aimed at sustaining investor confidence and protecting against risks to the economy arising from Brexit uncertainty.
The American Chamber welcomed the Minister’s restatement that Ireland’s corporation tax rate will remain at 12.5%, which they say is a cornerstone of Ireland's enterprise policy for many years and partly responsible for attracting over 700 US companies creating 140,000 jobs here.
Furthermore, the Chamber welcomed moves to help attract top talent into Ireland to work and live here with the extension of the Special Assignee Relief Programme and broader moves to improve the competitiveness of Ireland’s income tax regime in the battle to retain scarce specialised skilled and leadership talent.
President of The American Chamber of Commerce Ireland, Bob Savage commented, "Our priority is that Ireland remains a unique transatlantic trade and investment gateway and a location of choice for US inward investment to Europe. It is crucial to fulfilling this ambition, that we retain our ability to attract talented people to Ireland, encourage those abroad to come back to develop their careers here and ensure that working in Ireland is a rewarding proposition to attract needed skills and leadership ability. We welcome Budget 2017 in that context."
Source: www.businessworld.ie
