Lenihan faces down Commission over tax policy

Finance minister Brian Lenihan has warned the EU Commission that a common corporate tax across Europe would be divisive and would only serve to create ‘‘winners and losers’’ among member states.

9th October, 2010

Finance minister Brian Lenihan has warned the EU Commission that a common corporate tax across Europe would be divisive and would only serve to create ‘‘winners and losers’’ among member states.

At a bilateral meeting, Lenihan told EU tax commissioner Algirdas Semeta that European officials needed to analyse the likely impact of a common tax ‘‘on employment and foreign direct investment’’ throughout the EU.

Lenihan also outlined...

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