The Labour Party has called on the Government to introduce a higher rate.
The Tánaiste says Ireland can't commit one way or the other on raising its Corporation Tax rate.
Taoiseach Micheál Martin has also said he can't promise the rate will remain at 12.5 per cent.
Our Political Correspondent Seán Defoe reports
The Labour Party has called on the Government to introduce a higher rate of Corporation Tax.
It wants Ireland to sign up to a new global minimum rate agreed by over 130 countries.
Labour's Finance Spokesman Ged Nash believes it could be good for Ireland