Ireland Will Not Budge On Corporate Tax Rate

by Jason Gorringe, Tax-News.com, London

Last updated 6 hours ago | Monday, May 21, 2012

Hiking Ireland’s corporation tax rate is not in the country’s interests, Prime Minister Enda Kenny has said, a sentiment backed up by his deputy and Finance Minister, who have also stressed that Ireland remains firm in its position on the tax. Read Full Story

Eurogroup Committed To Fiscal Consolidation

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, May 16, 2012

Following the latest Eurogroup meeting in Brussels, Luxembourg’s Prime Minister and Eurogroup President Jean-Claude Juncker confirmed that the Eurogroup’s consolidation strategy, in accordance with provisions contained in the Stability and Growth Pact, ‘remains appropriate’ and will therefore continue to form the cornerstone of its strategy to correct fiscal and economic imbalances to overcome the crisis and to return to sustainable growth. Read Full Story

Ireland Mulls New Tax Regime For Oil And Gas

by Jason Gorringe, Tax-News.com, London

Monday, May 14, 2012

The Joint Committee on Communications, Natural Resources and Agriculture of the Irish parliament has recommended a new fiscal licensing regime and greater public consultation on offshore oil and gas exploration in a new report. Read Full Story

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