State reassures multinationals over 12.5% tax rate

THE Government has again reassured businesses that Ireland will retain its low corporation tax rate.

State reassures multinationals over 12.5% tax rate

According to the American Chamber of Commerce, corporations in Ireland will be reassured, as the Government has now removed uncertainty concerning the 12.5% corporate tax rate.

The Government also continued to insist the rate is protected in an EU context by the principle of unanimity in taxation matters.

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