Contributing Firms:
The 12.5% should continue, the Round Table panel says
The Minister for Finance has a strong personal conviction like his predecessor, Michael Noonan, about the justice and fairness underlying Ireland’s approach to corporation tax, and the headline rate of 12.5% that has been in place in Ireland since 2003. The constancy and simplicity of the rate has been much more important than the actual level of the rate, which now has come under scrutiny, as a coalition of countries, including the US, Russia, and China, have come together on the issue. All coalitions are only temporary however, and the field of play can change.