Taoiseach says he won't make commitments ‘one way or the other’ to companies about corporation tax rate

  • 📰 thejournal_ie
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 50%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

The Taoiseach said the 12.5% rate has been a 'key part of our tax policy' for years, and as of yet, Ireland has not agreed to the OECD conclusions that have been arrived at so far

European Commissioner for the Economy Paolo Gentiloni and Finance Minister Paschal Donohoe in Dublin today. Image: Sam Boal European Commissioner for the Economy Paolo Gentiloni and Finance Minister Paschal Donohoe in Dublin today. Image: Sam Boal Updated 51 minutes ago

However, he added that Ireland is engaging in the OECD process in a “constructive way” and there is a “bit of travel to go” in terms of any agreements. He said Ireland is seeking further assurances on the predictability and certainty of the agreement, ahead of a mid-October deadline to finalise the deal.

“We are engaged in a process, that’s where it stands,” he said. The Taoiseach said companies that he has spoken to are very “understandable” about the process. “But equally, we are working very hard to see if an agreement is possible that would allow Ireland to join.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 32. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

He will do what the American's tell him to do

vonderleyen EP_President SocDems FineGael fiannafailparty Just pay as little tax as possible.....an 'economic model ' worthy of a 12 year old! GREAT to have & had such economic GENIUSES from FF / FG in 🇮🇪for so long! 🙄 🇪🇺

Irish citizens get screwed, so major corporations can laugh all the way to the bank.

Why should they?

The EU took away our duty free, after we invented it, they'll do the exact same thing again with the tax bracket, when many of the companies pull out of Ireland, the politicians will be enjoying their pensions, we're screwed.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines