Research and development in Ireland remains tethered to a physical presence and employment here – an approach increasingly out of step with wider global shifts
Ireland's economy risks stagnation unless its R&D tax framework for multinationals is reformed to align with global changes. Current incentives are outdated, focused on physical presence and employment, unlike other jurisdictions offering more sophisticated credits for IP generation regardless of location. Modernization is needed to attract and retain multinational investment, especially in light of global tax reforms and competition from countries with favorable IP tax regimes and digitalization credits.
