Скачать или смотреть Tax in 2025: The Year in Review

2025 was a turbulent year in tax policy. New US tariffs disrupted trade and supply chains, while opposition to the OECD’s Pillar Two minimum tax weakened confidence in the international framework. The proposed Section 899 “revenge tax” underscored the uncertainty facing cross‑border business, even if it didn’t pass this year.



Across Europe, the EU is rethinking its position. With consensus wavering, simplification has become a priority to protect competitiveness, but progress remains slow.



Ireland’s role is pivotal ahead of its EU presidency in late 2026. At home, reforms—especially around interest deductibility—need greater pace and ambition. The government’s planned R&D Compass and exploration of an innovation regime are welcome, but clearer direction and speed are essential to sustain Ireland’s edge.



Looking to 2026, the anticipated “side‑by‑side” Pillar Two agreement may raise new questions. That makes simplification, competitiveness and innovation the agenda for Ireland if it’s to thrive in an uncertain tax environment.



For the C‑suite and business leaders, the takeaway is clear: simplify where possible, compete with confidence, and innovate to reduce friction and unlock growth.



For more, visit https://www.pwc.ie