Corporation tax rate could face attack after EC review

IRELAND’S corporation tax rate, under pressure at EU level, could face a fresh attack following a review of business taxation by the European Commission.

Yesterday Fine Gael leader Enda Kenny was accused by Finance Minister Brian Lenihan of inflaming backbenchers in Germany by raising the issue of the tax rate when he met with German chancellor Angela Merkel. Mr Lenihan said the issue had been moved off the agenda prior to Mr Kenny’s visit to Berlin.

Fine Gael leader Enda Kenny was accused of stirring up a hornet’s nest when he raised the issue in Berlin on a visit to Chancellor Angela Merkel.