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IDA Ireland
Industrial Development Agency (IDA Ireland) ( ga, An Ghníomhaireacht Forbartha Tionscail) is the agency responsible for the attraction and retention of inward foreign direct investment A foreign direct investment (FDI) is an investment in the form of a controlling ownership in a business in one country by an entity based in another country. It is thus distinguished from a foreign portfolio investment by a notion of direct co ... (FDI) into Republic of Ireland, Ireland. The agency was founded in 1949 as the Industrial Development Authority and placed on a statutory footing a year later. In 1969 it became a non-commercial autonomous state-sponsored body. Today it is a state-sponsored bodies of the Republic of Ireland, semi-state body that plays an important role in Ireland's relationship with foreign investors, with multinationals accounting for 10.2% of employment and 66% of Irish exports. The agency partners with investors to help them to begin or expand their operations in ...
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Mary Buckley
Mary may refer to: People * Mary (name), a feminine given name (includes a list of people with the name) Religious contexts * New Testament people named Mary, overview article linking to many of those below * Mary, mother of Jesus, also called the Blessed Virgin Mary * Mary Magdalene, devoted follower of Jesus * Mary of Bethany, follower of Jesus, considered by Western medieval tradition to be the same person as Mary Magdalene * Mary, mother of James * Mary of Clopas, follower of Jesus * Mary, mother of John Mark * Mary of Egypt, patron saint of penitents * Mary of Rome, a New Testament woman * Mary, mother of Zechariah and sister of Moses and Aaron; mostly known by the Hebrew name: Miriam * Mary the Jewess one of the reputed founders of alchemy, referred to by Zosimus. * Mary 2.0, Roman Catholic women's movement * Maryam (surah) "Mary", 19th surah (chapter) of the Qur'an Royalty * Mary, Countess of Blois (1200–1241), daughter of Walter of Avesnes and Margaret of Blois * Mar ...
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Brexit
Brexit (; a portmanteau of "British exit") was the withdrawal of the United Kingdom (UK) from the European Union (EU) at 23:00 GMT on 31 January 2020 (00:00 1 February 2020 CET).The UK also left the European Atomic Energy Community (EAEC or Euratom). The UK is the only sovereign country to have left the EU or the EC. Greenland left the EC (but became an OTC) on 1 February 1985. The UK had been a member state of the EU or its predecessor the European Communities (EC), sometimes of both at the same time, since 1 January 1973. Following Brexit, EU law and the Court of Justice of the European Union no longer have primacy over British laws, except in select areas in relation to Northern Ireland. The European Union (Withdrawal) Act 2018 retains relevant EU law as domestic law, which the UK can now amend or repeal. Under the terms of the Brexit withdrawal agreement, Northern Ireland continues to participate in the European Single Market in relation to goods, and to be a member o ...
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Ireland As A Tax Haven
Ireland has been labelled as a tax haven or corporate tax haven in multiple financial reports, an allegation which the state has rejected in response. Ireland is on all academic " tax haven lists", including the , and tax NGOs. Ireland does not meet the 1998 OECD definition of a tax haven, but no OECD member, including Switzerland, ever met this definition; only Trinidad & Tobago met it in 2017. Similarly, no EU–28 country is amongst the 64 listed in the 2017 EU tax haven blacklist and greylist. In September 2016, Brazil became the first G20 country to "blacklist" Ireland as a tax haven. Ireland's base erosion and profit shifting (BEPS) tools give some foreign corporates ' of 0% to 2.5% on global profits re-routed to Ireland via their tax treaty network. Ireland's ''aggregate '' for foreign corporates is 2.2–4.5%. Ireland's BEPS tools are the world's largest BEPS flows, exceed the entire Caribbean system, and artificially inflate the US–EU trade deficit. Ireland's tax ...
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Shannon Development
Shannon Development (legally the ''Shannon Free Airport Development Company Limited'' formerly known as SFADCO) was an important regional development body for the Shannon Region of Ireland. Its area in the lower River Shannon basin comprised all of counties Clare, Limerick, and the former North Tipperary, as well as north Kerry and west Offaly. Its key founder was Brendan O'Regan. Shannon Development worked with, but was not an agency of, Forfás. Responsibility Shannon Development was set up as Shannon Free Airport Development Company by the Irish Government in 1959 to promote the airport and region. Shannon Airport was built at a strategic point on the early transatlantic flying route, but with the age of the jet, its fortunes declined. In 1969 Aer Rianta took responsibility of the airport. Shannon Development was responsible for a number of areas of development of the region including tourism and industry similar to IDA Ireland. The agency was responsible for Shannon Free ...
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Irish Business And Employers Confederation
Ibec is an Irish business representative lobbying organisation and human resources services provider According to the Standards in Public Office Commission register it is the organisation that is doing "the most lobbying" in Ireland. Ibec is directed and managed by a board, national council, and executive director team. History Ibec is an orphan acronym dating from a 2016 rebranding of the Irish Business and Employers Confederation (IBEC). IBEC was founded in 1993 by the merger of the Federation of Irish Employers (FIE) and the Confederation of Irish Industry (CII). The FIE and CII had overlapping membership; the FIE dealt with labour relations and the CII with other matters including lobbying the government. The FIE's history begins with the foundation of the Dublin Employers' Federation by William Martin Murphy in 1911, which was incorporated in 1928 as Federated Employers Ltd, renamed the Federated Union of Employers (FUE) in 1942 when it absorbed groups outside its Du ...
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Enterprise Ireland
Enterprise Ireland is an Irish state economic development agency focused on helping Irish-owned business deliver new export sales. The aim of Enterprise Ireland is . History Enterprise Ireland was established by the Industrial Development (Enterprise Ireland) Act 1998, superseding two earlier bodies: Forbairt and An Bord Tráchtála. Archived frothe originalon 19 March 2014 Forbairt was established in 1993 as part of Forfás, to make industrial development grants, while An Bord Tráchtála was established in 1991 through the merger of the Irish Goods Council and Córas Tráchtala — a statutory body founded in 1959 to market Irish goods abroad — and successor of Córas Tráchtála Teoranta, founded in 1951. The Irish Goods Council was founded to market Irish goods in Ireland in 1974, originally within the National Development Association as the Working Group on the Promotion and Sale of Irish Goods; in 1978 it was spun out and merged with Vivian Murray's private National ...
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State Agencies Of The Republic Of Ireland
State Agencies or Non-Commercial State Agencies in Ireland are public sector bodies of the state that have a statutory obligation to perform specific tasks on behalf of the Government of Ireland. Such agencies are considered "arm's length" bodies as they are largely isolated from the workings of central government. The state agencies are distinct and separate from the civil service. As of Q3, 2016 approximately 12,616 public sector workers are employed in NCSAs. Department of Agriculture, Food and Marine * Bord Bia * Bord Iascaigh Mhara Bord Iascaigh Mhara (; meaning "Sea Fish Board" or "Irish Sea Fisheries Board"; BIM) is the agency of the Irish state with responsibility for developing the Irish marine fishing and aquaculture industries. Originally established under the Sea ... * Marine Institute Ireland National Milk AgencySea Fisheries Protection Authority* Teagasc Department of Children, Equality, Disability, Integration and Youth The Adoption Authority* Centre for Youn ...
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Global Competitiveness Report
The ''Global Competitiveness Report'' (GCR) is a yearly report published by the World Economic Forum. Since 2004, the ''Global Competitiveness Report'' ranks countries based on the Global Competitiveness Index, developed by Xavier Sala-i-Martin and Elsa V. Artadi."Sala-i-Martin, Xavier and Elsa V. Artadi, "The Global Competitiveness Index", ''Global Competitiveness Report'', Global Economic Forum 2004 Before that, the macroeconomic ranks were based on Jeffrey Sachs's ''Growth Development Index'' and the microeconomic ranks were based on Michael Porter's'' Business Competitiveness Index''. The ''Global Competitiveness Index'' integrates the macroeconomic and the micro/business aspects of competitiveness into a single index. The report "assesses the ability of countries to provide high levels of prosperity to their citizens". This in turn depends on how productively a country uses available resources. Therefore, the Global Competitiveness Index measures the set of institutions, ...
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Tax Cuts And Jobs Act Of 2017
The Act to provide for reconciliation pursuant to titles II and V of the concurrent resolution on the budget for fiscal year 2018, , is a congressional revenue act of the United States originally introduced in Congress as the Tax Cuts and Jobs Act (TCJA), that amended the Internal Revenue Code of 1986. Major elements of the changes include reducing tax rates for businesses and individuals, increasing the standard deduction and family tax credits, eliminating personal exemptions and making it less beneficial to itemize deductions, limiting deductions for state and local income taxes and property taxes, further limiting the mortgage interest deduction, reducing the alternative minimum tax for individuals and eliminating it for corporations, doubling the estate tax exemption, and cancelling the penalty enforcing individual mandate of the Affordable Care Act (ACA). The Act is based on tax reform advocated by congressional Republicans and the Trump administration. The nonpartisan ...
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Modified Gross National Income
Modified gross national income, Modified GNI or GNI* was created by the Central Bank of Ireland in February 2017 as a new way to measure the Irish economy, and Irish indebtedness, due to the increasing distortion that the base erosion and profit shifting ("BEPS") tools of US Corporation tax in the Republic of Ireland#Multinational tax schemes, multinational tax schemes were having on Irish Gross national product, GNP and Irish Gross domestic product, GDP; the climax being the July 2016 leprechaun economics affair with Apple Inc. While "Tax haven#Inflated GDP-per-capita, Inflated GDP-per-capita" due to BEPS tools is a feature of tax havens, Ireland was the first to adjust its GDP metrics. Economists, including Eurostat, noted Irish Modified GNI (GNI*) is still distorted by Irish BEPS tools and US multinational tax planning activities in Ireland (e.g. contract manufacturing); and that Irish BEPS tools distort ''aggregate'' EU-28 data, and the EU-US trade deficit. In August 2018, ...
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Central Bank Of Ireland
The Central Bank of Ireland ( ga, Banc Ceannais na hÉireann) is Ireland's central bank, and as such part of the European System of Central Banks (ESCB). It is the country's financial services regulator for most categories of financial firms. It was the issuer of Irish pound banknotes and coinage until the introduction of the Euro currency, and now provides this service for the European Central Bank. The Central Bank of Ireland was founded on 1 February 1943, and since 1 January 1972 has been the banker of the Government of Ireland in accordance with the Central Bank Act 1971, which can be seen in legislative terms as completing the long transition from a currency board to a fully functional central bank. Its head office, the Central Bank of Ireland building, was located on Dame Street, Dublin from 1979 until 2017. Its offices at Iveagh Court and College Green also closed down at the same time. Since March 2017, its headquarters are located on North Wall Quay, where the pu ...
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