Finance Minister: Ireland may have to prepare for lower corporation tax income

It comes as the Irish Fiscal Advisory Council (Ifac) warned that up to €6bn, or 60% of the corporation tax take may be "temporary" which leaves this country extremely exposed financially.

Finance Minister: Ireland may have to prepare for lower corporation tax income

Ireland will have to prepare for a fall in lucrative corporation taxes in the coming years, the Finance Minister has admitted.

It comes as the Irish Fiscal Advisory Council (Ifac) warned that up to €6bn, or 60% of the corporation tax take may be "temporary" which leaves this country extremely exposed financially.

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