Ireland’s Green Party MEPs Ciarán Cuffe and Grace O’Sullivan have called for stability and certainty in any future changes to Ireland’s tax model. The call comes as they publish a study they have commissioned which examines Ireland’s foreign direct investment model. It highlights the volatility of some corporate tax receipts in Ireland.This research, carried out by academics Dr Aidan Regan and Dr Samuel Brazys of University College Dublin, comes at a time when there is increased international momentum to set agreements on reform of the global corporation tax system at OECD level. This could end up having significant impacts on Ireland's current corporate tax receipts.Ciarán Cuffe, Green MEP for Dublin, said: “This discussion around Ireland's corporation tax model is not new. What this research points towards is the volatile nature of some of our tax base. Ireland's public purse has undoubtedly benefited from this system. Ultimately, we need a tax system that sees us through good times and bad. “It seems clear that significant changes to the international corporation tax system are being pursued by the new US administration, and the European Union. We commissioned this research to understand the complexity of our current tax model. We are heartened that the Irish Government has recently set up a Commission on Taxation and Welfare, and look forward to public participation in its work.” Grace O’Sullivan, MEP for Ireland South, said: “We commissioned research into this important area to allow ourselves to be further appraised of the situation on the ground in Ireland as discussions continue at European and OECD level. It is hoped that this study will help inform public debate around this complex topic.” ENDSLink to research on The Role of Corporate Tax in Ireland’s Foreign Direct Investment Growth Model.Issued Monday May 3 2021