Taoiseach rebukes Macron: Corporate tax rate is our concern

Taoiseach Enda Kenny has delivered a sharp rebuttal to comments from French presidential candidate Macron that Ireland’s corporation tax rates would have to rise.

Speaking after a bilateral meeting with Canadian Prime Minister Justin Trudeau, Mr Kenny said that while he hoped Mr Macron won the election, that our 12.5 corporation tax rate is “our business”.

“I hope that Emmanuel Macron wins the election in France, he is very strongly pro European and he has an understanding of what it is to be a minister for finance. The treaties of the EU set out quite clearly the responsibility of countries as a national competence to deal with their corporate tax,” he said.