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Falling tax revenue from tech sector a bigger threat than job losses – Goodbody report

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Falling tax revenues because of lower profitability at big tech companies is a greater risk to the Irish economy than the recent job losses in the sector, according to a new report from Goodbody.

The multinational sector has provided huge benefits to Ireland over recent years, contributing to employment,

earnings, taxes and economic growth generally, according to the ‘Irish Economy Health Check Q1 2023’ from Goodbody.

 

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