Corporation tax - Rate can’t be changed
Minister for Enterprise, Trade, and Employment Batt O’Keeffe insisted the 12.5% rate is “a constant”.
He reminded those who might suggest otherwise that Ireland secured a legally binding guarantee before the second Nice referendum that recognises that situation. If it became necessary to invoke that guarantee, so very soon after the Nice vote was passed, it would further undermine confidence in a Government already under tremendous pressure. It would also deepen the cynicism surrounding our political system.