Ireland Moving Closer To Increasing Corporate Tax Rate To 15%

Wednesday, 6 October 2021 09:22

It’s understood the phrase ‘at least’ has been removed from the proposed global agreement.

Ireland is moving closer to changing its corporate tax rate.

The country been under pressure to rise our rate from 12.5 to 15 per cent as part of a global tax deal.

It’s understood the phrase ‘at least’ has been removed from the proposed agreement.

John Fitzgerald, adjunct professor in economics from Trinity College, thinks it’s a good deal:

Sinn Fein’s Finance Spokesperson Pearse Doherty is worried it could leave Ireland exposed

The Taoiseach says changes to the wording of an international agreement on a minimum corporate tax rate is a positive development for Ireland.

Micheal Martin was speaking at an EU leaders summit in Slovenia on Wednesday morning

Labour Leader Alan Kelly says this is the right approach for the country to take on Corporation Tax

More from National News

Van Stolen During Maynooth Home Invasion Used In High-Speed Chase By Notorious Criminal

Kfm reported how the woman was allegedly assaulted after she confronted the masked men at around 4am on Wednesday morning
EU Vows To Respond To Trumps 50% Tariff Threat on European Goods

Audio

The US President says negotiations are failing, and has accused the EU of unfair trade practices.
Hundred's Queue In The Rain For Just 38 New Homes In Dublin As Housing Demand Soars

Audio

The 3-bedroom homes at the Seven Mills housing development between Clondalkin and Lucan cost nearly half a million euro.
Cllr Rejects "Anti-Housing" Label, Calls For Indoor Pool In Plans For Machinery Yard In Newbridge

That's according to Social Democrats Cllr Chris Pender, who has criticised possible plans by the Land Development Agency (LDA) to develop the former Machinery Yard site in Newbridge for housing purposes only.
Clane Woman Starts Hunger Strike Until Occupied Territories Bill Signed Into Law

Now living in Galway, Sophie Ní Choimín has been actively involved in protests and fundraising for Palestine but says these efforts are no longer enough due to the Israeli blockade imposed in March, which has blocked aid supplies.
Maynooth Mother Told By Gardai To Block Front Door With Furniture After Home Invasion By Masked Men

Audio

Speaking about the frightening ordeal, she described the moment she confronted the criminals as "terrifying" and now acknowledges the potential danger of the situation.
Small Win For Derrinturn As Garda Station To Open On Sundays, But Campaign For Safety Continues

Last year, a judge warned that lives would be lost over an ongoing feud between two rival groups in the area.
Athy Visit By Bernie Sanders On Sunday Could Be Interrupted By Pro-Palestinian Demonstrations

Supporters of Palestine held protests during Sander's last visit, criticising him for not declaring what is happening in Gaza as Genocide.