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

Three men face intimidation charges as part of investigation into alleged paedophile hunting

Varadkar turns film critic in the Dáil

Family knew dad's attempted murderer all their lives; damp cartridges meant gun did not fire

Disabled man living in fear after burglars ransacked his home and set his trousers on fire


Today's Stories

Bessborough mother and baby home: Delay in seeking details of burials

Department of Justice ‘critically conflicted’ over relationship with An Garda Síochána

TD’s office vandalised as signs removed

Figures show that Leo’s health kick is inspiring TDs to get in shape

Lifestyle

The biggest cancer killer will take your breath away

Hopefully she had an idea...

Power of the press: Meryl Streep and Tom Hanks discuss 'The Post'

More From The Irish Examiner