Noonan: Ireland 'under no pressure' from Europe to alter 12.5% corporate tax rate

Ireland's 12.5% corporate tax rate will remain in place, despite recent controversies surrounding so-called tax breaks for US computer giant Apple, Finance Minister, Michael Noonan has said writes David Raleigh.

Speaking at a jobs announcement by US company WP Engine, who announced 100 online technological jobs in his native Limerick, Mr Noonan said Brussels could not pressurise Ireland into changing any of its tax rates.