IDA Ireland CEO Defends the Irish Tax System

The transcript discusses Ireland's tax collection from Apple and the EU Commission's decision to retrospectively apply tax rules, which Ireland finds difficult to rationalize. The EU Commission does not question Ireland's general tax system or corporate tax rate. The discussion also covers global tax avoidance, with a focus on American companies like Apple, Starbucks, and Amazon. Ireland emphasizes its commitment to reducing tax avoidance through participation in international initiatives and changes to its tax system.

In what ways does the concept of sovereignty play a role in Ireland's tax policy decisions?

Discuss the implications of retrospective changes to tax rules for investors in Ireland.