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MEP: Days Of Ireland's Low Corporation Tax Rate Are "Numbered".

Stock image: Pexels

Ireland currently charges 12.5% as the headline rate

A Fine Gael MEP says the days of Ireland's low corporate tax rate are "numbered".

It's after a landslide vote in the European Parliament calling for a minimum effective rate to be set.

Ireland currently charges 12.5% as the headline rate -- only 25 other countries charge less.

Ireland South MEP Sean Kelly says it's time to bow to the inevitable.

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