World leaders vow to tackle tax evasion as Irish corporation rate crops up

Ireland’s tax status became a talking point at the G8 as world powers moved to clamp down on corporate tax evasion, Enda Kenny has admitted.

However, the Taoiseach insisted the leaders saw nothing wrong with the Irish situation and Dublin is happy to sign up with the summit’s plan to clamp down on tax transfers.

A 10-point plan by the leaders of the seven major Western economies and Russia insisted the “scourge of tax evasion” needed to be stamped out via measures like greater sharing of information by countries.