Thursday 18 January 2018

Companies are also 'real' and the lifeline to our prosperity

Hungarian Prime Minister Viktor Orbán is slashing corporation tax Photo: Reuters
Hungarian Prime Minister Viktor Orbán is slashing corporation tax Photo: Reuters
Letters to the Editor

Letters to the Editor

I take issue with Alison Hackett's letter (Irish Independent, November 25) that she finds it "abhorrent" that Irish corporation tax is comparatively low.

The rate is 12.5pc for trading income (which is the same as Cyprus).

But she neglects to detail also the rate for non-trading income, which is instead at 25pc.

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