Kenneth FoxOver-reliance on corporate tax receipts from US multinationals remains one of the biggest threats to Ireland’s financial stability in 2026, leaving the country in “big trouble if it dries up”, economists have warned. Grant Thornton’s chief economist, Andrew Webb described the State’s heavy reliance on corporation tax as “nerve-wracking”. He said that while most forecasts point to continued growth through 2026, Ireland is “vulnerable” to shocks. If even a handful of multinationals change their tax profile, a big chunk of the exchequer’s income can vanish quickly. “There’s absolutely no question the Government has allowed itself to become addicted to corporation tax revenues.

Source: The Herald January 12, 2026 13:54 UTC