South won’t suffer from lower corporation tax in North, says IDA

Investors 'know what they are getting' in Republic

Martin Shanahan

The introduction of a lower corporation tax rate in the North won’t damage job creation and investment here, the chief executive of the IDA believes. Martin Shanahan said while tax is a factor in companies locating here, the greatest issue is sourcing a steady pool of workers.

As part of the political negotiations concluded in Belfast last week it was agreed that the North could reduce its corporation tax rate to 12.5 per ...