Advertisement

We need your help now

Support from readers like you keeps The Journal open.

You are visiting us because we have something you value. Independent, unbiased news that tells the truth. Advertising revenue goes some way to support our mission, but this year it has not been enough.

If you've seen value in our reporting, please contribute what you can, so we can continue to produce accurate and meaningful journalism. For everyone who needs it.

Nicolas Sarkozy in Brussels on Friday AP Photo/Michel Euler
Bailout

Kenny and Sarkozy exchange 'strong words' over corporate tax rate

The new Irish leader and his French counterpart are understood to have clashed at the EU summit in Brussels.

TAOISEACH ENDA KENNY and French President Nicolas Sarkozy are reported to have exchanged ‘strong words’ over the issue of Ireland’s corporate tax rate at an EU summit in Brussels.

RTE reports that France is pushing Ireland to be flexible on the issue of its corporate tax rate in exchange for flexibility on the terms of the EU/IMF bailout, which Ireland’s new government is a seeking renegotiation of.

Ireland’s current corporation tax rate is 12.5 per cent which is low by other European country’s standards.

For more information read this story at RTE.ie >