CRH chief: tax system not for EU to decide

IRELAND should tell the EU to keeps its hands off our tax system if we want the country’s economy is to continue to thrive the chief executive of Ireland’s largest international company told business leaders last night.

CRH chief executive Liam O’Mahony, 59, in a wide-ranging address to guests at the annual diner of Cork Chamber said that Ireland will give up our low corporate tax regime “at our peril”.

Mr O’Mahony, whose company employs 50,000 people in the US said that he is very disappointed at the “glee” with which US failures in Iraq are met in Europe.