Opposition comments on corporation tax rate 'damaging to national interest', says Tánaiste – Irish Examiner

The Tánaiste gave a robust defence of Ireland’s 12.5% corporation tax rate.

“I just want to say that our position and the position of the government is that we are standing over a 12.5% Corporation profit tax rate,” he said.

He hit out at the Opposition for commenting to the Financial Times on Wednesday morning which he said gave the impression that the cross-party consensus on the 12.5% rate was weakening, which has done real damage internationally.

He said the low rate has been a huge part of our economic model.

“It’s a very good example of how low taxes can actually result in higher revenues, and we are going to push back very strongly against anything that might just make me jeopardise that,” he said.

“What I read in The Financial Times today was very unhelpful, they may not have realised it. But I think to the opposition parties, actually walked into a bit

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