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.