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Ireland ‘committed’ to maintaining its low corporate tax regime

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Finance minister denies reports country will scrap 12.5% rate to align with plans for global figure of 15%

Ireland has denied reports that it will scrap its low corporate tax regime to align with an international plan for a global tax of 15%.

The finance minister, Paschal Donohoe, told RTÉ on Thursday that the country’s 12.5% rate “has been a key feature of our economic policy now for decades” and he was “committed” to maintaining that.

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