Thursday, December 19, 2024

The Big Tech Show: What Trump and Elon Musk plan to do and how it could affect Ireland

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What effect will President Trump’s win have on Ireland? Is it the end of Ireland’s US multinational corporation tax bonanza? And will Elon Musk be given free rein to promote his interests?

Producer, JJ Clarke, joined Adrian on this week’s episode of The Big Tech Show.

Adrian began by speaking about the two implications for Ireland following the Trump victory and that is tax rates and tariffs. The tech editor made the point that Trump has promised to reduce corporate tax in the US. This will make it attractive for those companies to repatriate and declare their earnings in the US. This is turn would have a negative impact on Ireland’s corporate tax yield.

You can listen to the full episode here on the Irish Independent website or wherever you get your podcasts.

The Big Tech Show: What Trump and Elon Musk plan to do and how it could affect Ireland

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