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Ireland Reaffirms Commitment To 12.5pc Rate

by Jason Gorringe, Tax-News.com, London

27 November 2017


Irish Prime Minister Leo Varadkar has said that Ireland is "not a tax haven" and that its corporation tax rate will remain at 12.5 percent.

Varadkar made the comments during a speech to the American Chamber of Commerce. He said that Ireland "remains committed to policy certainty and to our 12.5 percent rate," and that the rate is "not going to go up and it's not going to go down."

Varadkar stressed that Ireland offers both certainty and consistency on its corporate tax policy. He added that Ireland also supports international tax reform and fully participates in the OECD's BEPS process.

"Ireland is not a tax haven, nor do we want to become one, nor do we want to look like one. That would not be in the long-term best interests of our country," Varadkar explained.

TAGS: compliance | tax | tax compliance | Ireland | corporation tax | tax rates | tax reform | BEPS

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