Sunday, December 4, 2011

Experts say no threat to corporation tax

All okay lads, the experts have ruled.Quoth an expert:

Brian Keegan, director of tax at the Chartered Accountants of Ireland, says Ireland simply cannot be made to change its rate.

"There is absolutely no legal mechanism under EU treaties to make us change our rate.

"Some decisions in the EU need unanimous voting and taxation is one of them. All the other nations of the EU could vote for the rate to be changed, but Ireland could still retain its rate legally".

Never anything to worry about, human law tablets are inviolate, right?

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