Irish tax rate blow as Europe demands ‘level playing field’

The European Commission has delivered a fresh blow to Ireland’s 12.5% corporate tax, demanding a “level playing field” among EU states.

Ireland has long been criticised by some of the larger EU countries over its low corporate tax rate and the commission is clearly on a collision course with the Government on the matter.

In comments to the Irish Examiner, president Jean Claude Juncker’s office said the commission is demanding “more transparency around each member state’s tax system and effective rates”.