Bobby Aylward (Carlow-Kilkenny, Fianna Fail) | Oireachtas source

I found Revenue very helpful in respect of term arrangements I was involved in negotiating.

On the famous corporation tax rate of 12.5%, rumour has it there are companies, whether resident or non-resident, which, by arrangement, are paying only 6% or 7%. Is that true? I do not understand tax too well but I am being told that if every company trading here, both foreign and indigenous, paid the full 12.5%, the revenue from this source would be a lot more. Do certain large companies have special arrangements to pay 8%, 7%, 6% or 4%, or is every company paying 12.5%?