Dáil Éireann Debate, Wednesday - 1 June 2011
91 Deputy Stephen Donnelly asked the Minister for Finance the percentage Ireland’s corporate tax rate would need to raise to, under the lower tax base which would result in the CCCTB, to maintain the current tax take to the Exchequer from corporation tax; and if he will make a statement on the matter. [13817/11]
View answerThe Deputy's question is hypothetical on a number of fronts. First, while a draft legislative proposal has been tabled by the European Commission, what might emerge for final consideration by the Council of Ministers could be very different. Second, the Government's position on the CCCTB is very clear — we are very sceptical of it. Finally, the Government's position on our corporate tax rate is unambiguous — there will be no increase in the tax rate under any circumstances. In the circumstances, there is no basis for making the estimate sought by the Deputy.
