IDA Ireland

Semi-State body concerned with foreign direct investment into Ireland

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2019 Irish government allocated an additional €10 million to IDA Ireland's property programme to further promote regional development.
2019 IDA Ireland received €2 million allocation in the Irish government's budget to prepare for Brexit and enhance Ireland's global business presence.
2018 S&P Global Market Intelligence study identified Ireland as a leader in attracting financial businesses relocating from London, alongside Germany, in the context of Brexit.
2018 The United States moves away from its 'worldwide' tax system, potentially impacting Ireland's attractiveness as a corporate base for U.S. multinationals.
2017 IDA Ireland successfully reached its targeted 80,000 jobs goal two years ahead of the original 2019 timeline.
2017 The United States implemented the Tax Cuts and Jobs Act, overhauling the tax code and switching to a 'territorial' system, which fundamentally changed the tax landscape for multinational corporations in Ireland.
2017 IDA Ireland received approximately €48 million in funding from the Irish State and paid out €91 million in grants and financial incentives to firms investing in Ireland.
2015 Irish government announced a five-year strategic plan for IDA Ireland, targeting 80,000 jobs by 2019 and investing €150 million in a regional property programme to accelerate economic recovery.
2015 Apple completed a massive BEPS (Base Erosion and Profit Shifting) inversion, significantly impacting Ireland's economic landscape by representing approximately 25% of Irish GDP.
2012 The United Kingdom completes its transition to a territorial tax system, further influencing global corporate tax strategies.

This contents of the box above is based on material from the Wikipedia article IDA Ireland, which is released under the Creative Commons Attribution-ShareAlike 4.0 International License.

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