|International Tax Rules||13||81.07|
Ireland ranks 17th overall on the 2019 International Tax Competitiveness Index, three spots worse than in 2018.
- Ireland has a low corporate tax rate of 12.5 percent.
- Net operating losses can be carried back one year and carried forward indefinitely, allowing companies to be taxed on their average profitability.
- Ireland has no thin capitalization rules.
- Ireland's personal tax rate on dividend income of 51 percent is the highest among OECD countries.
- The VAT rate of 23 percent is one of the highest in the OECD and applies to a relatively narrow tax base.
- Corporations are limited in their ability to write off investments.