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Corporate Tax

McDowell: Ireland's gesture to Sarkozy should be 'two digits and no other figures'

FORMER TÁNAISTE and Progressive Democrat leader Michael McDowell has backed Enda Kenny’s insistence that Ireland should not accept an increase to its corporate tax rate in return for a reduced bailout interest rate. Writing in today’s Sunday Independent, McDowell says Ireland’s gesture to French president Nicolas Sarkozy – who is a major proponent of increasing Ireland’s tax rate – should be one “involving two digits and no other numbers“. The piece, oddly, doesn’t seem to be on the Sindo website.