The 10 blockbuster companies behind Ireland’s corporate tax windfall

The 10 blockbuster companies behind Ireland’s corporate tax windfall

Despite repeated warnings about the potential once-off nature of corporation tax receipts and the concentration risk of having so few firms paying the bulk of the money, Ireland continues to hit the business tax jackpot.Revenue from the tax swelled to a record €23.8 billion last year, almost six times the amount garnered in 2014. It … Read more

‘Walz checks,’ free school lunches, and ditching fossil fuels: What Tim Walz’s record in Minnesota says about his economic goals

'Walz checks,' free school lunches, and ditching fossil fuels: What Tim Walz's record in Minnesota says about his economic goals

Politics ‘Walz checks,’ free school lunches, and ditching fossil fuels: What Tim Walz’s record in Minnesota says about his economic goals Noah Sheidlower 2024-08-06T16:06:24Z Share icon An curved arrow pointing right. Share Facebook Icon The letter F. Facebook Email icon An envelope. It indicates the ability to send an email. Email Twitter icon A stylized … Read more

How a Washington Tax Break for Data Centers Snowballed Into One of the State’s Biggest Corporate Giveaways

How a Washington Tax Break for Data Centers Snowballed Into One of the State’s Biggest Corporate Giveaways

This article was produced for ProPublica’s Local Reporting Network in partnership with The Seattle Times. Sign up for Dispatches to get stories like this one as soon as they are published. Reporting Highlights Job Promises: Washington lawmakers approved a tax break for data centers to create more jobs in rural Washington, but they can’t say … Read more

Power Hungry: Was one of WA’s biggest corporate tax breaks worth the cost?

Power Hungry: Was one of WA’s biggest corporate tax breaks worth the cost?

POWER HUNGRY | Second in a Seattle Times and ProPublica series about the impact of data centers in Washington. This article was produced for ProPublica’s Local Reporting Network in partnership with The Seattle Times. Times Watchdog stories dig deep to hold power accountable, right wrongs and create change. This work is made possible by The … Read more

Aiming for more overseas investments: Proposal to slash corp tax on foreign cos to 35% will motivate to set up permanent base

Aiming for more overseas investments: Proposal to slash corp tax on foreign cos to 35% will motivate to set up permanent base

Finance minister Nirmala Sitharaman proposed reducing the tax rate for foreign companies to 35% from 40%, aiming to attract more overseas firms to set up a permanent base in the country and boost foreign inflows. “We want more investment to come into the country that is why it has been brought down,” Sitharaman told reporters … Read more

Business leaders are scenario planning for a Trump win

Business leaders are scenario planning for a Trump win

With Donald Trump’s political stock suddenly reaching new highs—after he survived an assassination attempt and starred in a slickly produced convention, while President Biden stays at home with Covid, all in one week—business leaders must revisit their scenarios for a Trump presidency. They should keep three factors front and center: Trump’s stance on taxes and … Read more

Is EU playing second fiddle to US, China on energy targets?

Is EU playing second fiddle to US, China on energy targets?

There’s a growing divergence between EU targets and national plans, and electrification is not happening quickly. Are voters turning their backs on the EU’s 2030 climate objectives? Year-to-date natural gas consumption is 3.1% down, to 195.6 bcm from 201.9 bcm in 2023. Milder weather has reduced household consumption. In general, the trend is downwards. Europe … Read more

Cyprus real estate on steady path , – what’s lies ahead?

Cyprus real estate on steady path , – what’s lies ahead?

In the near future, the Cyprus property market is expected to continue on its dynamic path, however, it will not be a bed of roses, and strategic planning will be crucial to navigate changes and challenges ahead. In the next couple of years, we should expect to experience moderate growth as high interest rates stabilise … Read more

3 big takeaways from Donald Trump’s new interview on the economy

3 big takeaways from Donald Trump's new interview on the economy

Just days before he met with President Joe Biden for a face-to-face debate in June, Donald Trump sat down for an interview with Bloomberg Businessweek. The former president spoke about his views on everything from green energy and diet coke to foreign policy and his tax plan. He also floated JPMorgan Chase CEO Jamie Dimon … Read more

Montana’s housing crisis is a warning for older homeowners across the country

Montana's housing crisis is a warning for older homeowners across the country

Economy Montana’s housing crisis is a warning for older homeowners across the country Eliza Relman 2024-07-10T09:56:03Z Share icon An curved arrow pointing right. Share Facebook Icon The letter F. Facebook Email icon An envelope. It indicates the ability to send an email. Email Twitter icon A stylized bird with an open mouth, tweeting. Twitter LinkedIn … Read more