ICT and unions in corporate tax battle

THE technology sector and the unions are on a collision course as they battle to influence Finance Minister Brian Cowen on corporate tax rates.

Just days after the Irish Congress of Trade Unions told Mr Cowen that our low rate of corporation tax is unsustainable, ICT Ireland urged him to keep corporation tax at 12½%.

ICT Ireland, the industry body representing the information and communications technology (ICT) sector, in its pre-Budget submission asked the Government to remain committed to retaining our existing corporate tax regime and resist any pressure towards EU tax harmonisation.