Corporation tax rate of 12.5% 'not Ireland's unique selling point', claims Michéal Martin

The Taoiseach cited Ireland joining the European Union as critical to the continued economic transformation of the state

Taoiseach Micheál Martin said the Government has not signed up to the OECD consensus around setting a base corporation tax.

Ireland's lucrative 12.5% corporation tax rate is "not a unique selling point" for multi-national companies and never was, the Taoiseach has claimed.

Micheál Martin has told the Dáil that negotiations that would see corporation tax set at a minimum 15% are "not complete at all" and Ireland is seeking further clarification on the issue.