Ireland's Corporate Tax Windfall Ignites Washington's Attention as DSA Enforcement Looms

Former Obama adviser Brad Setser has issued a stark warning from the Kennedy Summer School in New Ross: Ireland's soaring corporate tax receipts from US multinationals are becoming "too big to ignore" for Washington. Setser, a senior fellow at the Council on Foreign Relations, described the situation as "tax gymnastics" that allow American firms to book US-source profits in Ireland. The numbers are staggering – just Apple, Microsoft, and Eli Lilly paid over €16 billion in Irish...