Ireland’s very favourable corporate tax rate will be up for discussion sooner rather than later. David McWilliams argues rightly that the world has changed since the financial crisis struck. Funds are tide everywhere. A public strangled by austerity and cut-backs demands that the burden is shared more evenly. This includes explicitly also giant multinationals. The pressure on governments that facilitate tax avoidance practices, such as the Irish, will mount.
Your author supports this view.
Link (recommended reading):
via Corporation tax sleight of hand will turn us into world pariahs.