Bruton: Corporation tax rate will have to be defended

Enterprise Minister Richard Bruton today said Ireland's 12.5% rate of corporation tax will have to be defended "rigorously and trenchantly" with our European partners.

Speaking at his first public engagement as a member of Cabinet - a $12m (€8.6m) investment announcement in Kerry firm Altobridge - Minister Bruton said it would be short-sighted of Europe to expect an export-led recovery here, and at the same time force us into higher corporation tax rates.