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...

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