EU warning on corporation tax

Pressure from Europe for a reduction in Ireland’s corporation tax rate will not just affect Ireland, but will also have a negative impact on the broader European business environment, according to a leading economist.

20th November, 2010

Pressure from Europe for a reduction in Ireland’s corporation tax rate will not just affect Ireland, but will also have a negative impact on the broader European business environment, according to a leading economist.

Marie Diron, head of European macro services at economics consultancy Oxford Economics, said the debate on corporation tax had overlooked the fact that making Ireland less attractive to multinational businesses could see outflows of capital from the European Union,...

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