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Comment on Unleash the Creighton! All will bow before our ‘internationally recognised fair and just corporate tax regime’ (fingers crossed!). by richotto

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"Whether the rate is 12.5%, 15% or 50% is irrelevant. The problem is this country’s facilitation of sharp practice at best, the movement of the proceeds of international financial crime at worst." Sorry. Can't agree with that. Mostly firms do pay the headline rate and the lowness of it constitutes a tax haven all by itself regardless of any further side deal deductions. Its succeeded so well in robbing investment from other EU states that most countries are now competing to reduce their corporate tax rate towards Irelands rate. The Uk's I think is now down to 18% while it was over 30% ten years ago and even Germany has been forced to bend the knee on its corporate tax rate recently. The low rate on its own never mind the side deals is a massive issue of lost revenue to European govts in which Ireland is THE major villan of the piece. I can't understand why are the radical left parties are so extremely circumspect about this robbery of the tax base and by that I mean the tax haven headline rate? something that would lend massive integrity to their case

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