Minister for Jobs, Enterprise and Innovation Richard Bruton has said that ending the so-called "double Irish" has not been an issue for US companies.
The minister is the first member of the Government to meet companies in the US following the changes announced in the Budget earlier this month, including the abolition of the "double Irish" tax scheme.
Speaking in Washington DC on a five day trade mission, Mr Bruton said the business people he had met had welcomed Ireland's move to get ahead of the changing international tax environment by taking decisive action.
He said that the Budget announcements had given certainty to the situation and that this had been viewed positively by US companies with businesses in Ireland, and those considering a move.
He said companies were welcoming the introduction of the Knowledge Development Box - an innovation "box" that would allow foreign companies to build their new products and services and to use Ireland as place to grow their businesses.
Mr Bruton said it was important that this new regime was designed in a way that would promote innovation as well as giving "best in class" to companies who want to invest in Ireland.
A consultation is currently underway at the moment, led by Minister for Finance Michael Noonan.
During the five day trade mission to the US, Mr Bruton will visit four cities and meet 17 companies operating in the financial services, healthcare and IT sectors.
The companies he is meeting include a mix of those with existing operations in Ireland and those interested in locating here.
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