Multinationals ‘exaggerated’ research activity to lower tax bills

Ireland“Several multinational firms have been found to be aggressively and improperly claiming tax credits for research and development to lower their corporation tax bills. A Government scheme gives firms up to 25% of their expenditure on R&D in the form of cash or a credit against their corporation tax …” (more)

[Carl O’Brien, Irish Times, 3 September]

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