Stormont pushes for 10% corporate tax in the North

Senior Stormont politicians are planning to take the wraps off a hyper-low 10 per cent corporate tax rate scheme which would undercut the Irish corporate tax rate during a charm offensive aimed at top US companies around the St Patrick’s Day bank hol

22nd February, 2015

High-profile meetings to push the North’s new rate-cutting powers with executives at US companies is planned, with First Minister Peter Robinson and enterprise, trade and investment minister Arlene Foster leading the charge for 10 per cent.

The plan to cut the corporate tax rate to a level 2.5 per cent below the rate available in the Republic is being championed by Democratic Unionist Party ministers, and is understood to enjoy the support of prominent...

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