Michael Noonan said while delivering the budget on Tuesday that Ireland’s 12.5% rate for companies “will not be changed”. His comments will have been welcomed in Ireland’s second city, Cork. However, public backing for the 12.5% rate is not difficult to find outside the Apple site. Facebook Twitter Pinterest Michael Noonan, Ireland’s finance minister, said in his budget speech that the country’s 12.5% corporate tax rate would not change. Photograph: Brian Lawless/PAFitzgerald, a Cork city councillor for Ireland’s main opposition party, Fianna Fail, recently travelled to Apple’s headquarters in Cupertino, California.

Source: The Guardian October 11, 2016 19:07 UTC