Ireland’s corporation tax debate misses the point
Nov 23rd, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
In the context of Ireland’s banking and fiscal crisis and the impending bailout by the EU and IMF, the finance ministers of Austria and France have suggested that the bailout should be made conditional on Ireland raising its 12.5% corporation tax rate. This would help squeeze Ireland’s budget deficit and resolve what has long been a bone of contention between Ireland and its European partners.