Brexit means years of pain, says Naughton

Glen Dimplex founder says Ireland's 12.5% corporate tax rate is sacred

Barry J Whyte

Chief Feature Writer @whytebarry
2nd October, 2016

Glen Dimplex founder Martin Naughton was ‘depressed’ over the Brexit result, but believes that Ireland’s 12.5 per cent corporate tax rate is “sacred”.

Naughton – who sits on the board of global banking giant Citigroup and is a trustee of Notre Dame university – said that he was “deeply depressed by the Brexit vote”.

“In business, none of us saw it coming . . . Now there’s no...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Get basic

*New subscribers only

You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

2 Yearly



Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

Tom Maguire: Tax changes we make now could help business for years

More Business Tom Maguire 8 months ago

The Daily Briefing

The Daily Briefing