The incoming President of the Irish Tax Institute has called on the Government to "prioritise stability and predictability" in the corporate tax regime.
Shane Wallace, who is also a tax and legal partner in Deloitte Ireland, has also urged the coalition to "ensure economic competitiveness."
Mr Wallace will become the 50th President of the Irish Tax Institute, when he takes on the role this evening.
His area of expertise includes international tax, tax structuring, mergers and acquisitions, capital taxes and real estate taxes.
Speaking in advancement of his formal appointment, he said: "Consistency was critically important at a time of global geo-political volatility, noting that uncertainty in Ireland was a big impediment for investors."
The incoming ITI President also said the Government must "avoid reactionary legislative changes which are having knock-on effects in the areas of real estate investment and construction."
"At a time when international rules are shifting, Ireland must reinforce its reputation as a reliable and transparent jurisdiction - one where investors can make long-term decisions with confidence," he stated.
Mr Wallace today called significant support to be provided to the SME sector in Budget 2026.
"We can do more to encourage and incentivise investment. For example, we pride ourselves on being competitive on tax, yet we have a 33% rate on capital gains tax (CGT). We do have reliefs but as a starting point that rate is very, very high compared to other OECD countries," he said.
He said the Government needed to enhance Ireland's attractiveness as a location for Foreign Direct Investment (FDI) and "create the right environment for an ambitious, innovative, and export-oriented SME sector while bolstering safeguards for taxpayers and increasing efficiency in the tax collection system".
