New report on Corporate Tax criticised for not addressing tax loopholes

A new report on Corporate Tax has been criticised for not recommending ways of ending loop holes in the system.

The review was commissioned in the wake of the European Commission  Apple tax ruling which decided that Ireland had a special tax arrangement with Apple.

Today’s report found that there are no special deals with any one company but People Before Profit TD Richard Boyd Barrett says the investigation has some glaring omissions.

"The report shows profits have went through the roof in recent years but that corporations making those profits are paying less tax now than they did a number of years ago yet recommends no action to deal with that problem.

Read the full report here

READ MORE: Report suggests corporate tax take expected to remain high until 2020


Related Articles

Ireland ‘will not participate’ in any attempt for EU-wide corporation tax rate

More in this Section

Gardaí appeal for assistance to find missing Roisin Dolan

Sinn Féin and DUP ‘not close to a deal’, says Leo Varadkar

DUP and Sinn Féin differ on subject of Bill Clinton talks

American tourists win €350,000 in separate Lotto wins


Today's Stories

Ophelia leaves 74,000 Co Cork homes without power

Irish team steal Leo Varadkar’s thunder with playoff date

Ophelia leaves 74,000 Co Cork homes without power

Where, when and how to get to Ireland's World Cup play-off against Denmark

Lifestyle

Remembering the dead: Poignant reason behind Cork’s Zombie Walk

Eight events around Ireland to check out for some frightful fun this Halloween

Massacre at mass on Scariff Island

Ask Audrey: 'It’s like I’m in a horror movie called Revenge of the Norries'

More From The Irish Examiner