Tuesday 17 October 2017

Wake up -- the EU is preparing to kill off our low corporation tax

Green Party members wearing masks of Fine Gael leader Enda Kenny and Kerry independent Jackie Healy-Rae at a photocall in Dublin,
highlighting the stranglehold they say independents have on the Dail. Photo: PA
Green Party members wearing masks of Fine Gael leader Enda Kenny and Kerry independent Jackie Healy-Rae at a photocall in Dublin, highlighting the stranglehold they say independents have on the Dail. Photo: PA

THE EU summit to discuss Ireland's future is to be held on March 24. A Franco-German move will seek tax harmonisation across the EU in return for increasing support to the European Financial Stability Facility.

The EU will consider extending bailout loans to Greece and Ireland to 30 years in a bid to draw a line under the bloc's debt crisis. It will seek to increase Ireland's corporation tax rate of 12.5pc.

However, such a move would greatly damage our export-led economy and various IDA initiatives. Our corporation tax allows Ireland to attract companies such as PayPal and Google, who are thriving.

Please sign in or register with Independent.ie for free access to Opinions.

Sign In

Independent.ie Comments Facility

INM has taken the decision to remove the commenting facility on its online platform Independent.ie to minimise the legal risk to our business that arises from Ireland's draconian libel awards system.

We continue to look forward to receiving comments through direct email contact or via social media, some of which may still be featured on the website Independent.ie


Don't Miss