Taoiseach: No change to 12.5% corporation tax rate

Enda Kenny has reiterated Ireland’s intention to maintain its 12.5% corporation tax rate.

People before Profit’s Richard Boyd Barrett is one of several TDs who have suggested that the headline or effective rate should be increased so that companies pay more tax.

But the Taoiseach, speaking on the issue in the Dáil yesterday ahead of today’s budget, said there would be no movement on corporation tax.