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Taoiseach unable to guarantee Ireland's corporate tax rate will stay at 12.5%

Sep 21, 2021 07:09 By News Northern Sound
Taoiseach unable to guarantee Ireland's corporate tax rate will stay at 12.5% Taoiseach unable to guarantee Ireland's corporate tax rate will stay at 12.5%
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Ireland has refused to sign up to the OECD agreement.

The Taoiseach says he's unable to guarantee Ireland's corporate tax rate will stay at 12.5 percent.

Ireland has refused to sign up to an OECD agreement to have a global rate of at least 15 percent.

But the deal hasn't been finalised yet, and government is still in negotiations with the group.

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UCC economist Brian Turner says increasing the rate to 15 percent wouldn't badly affect the economy:

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