Enda Kenny (Mayo, Fine Gael) | Oireachtas source

The corporate rate is 12.5%. It is 25% on non-trading areas. That has been a fundamental issue for us. As I said in response to previous questions, it is the international environment of other jurisdictions where multinational companies can apply. The report of the Senate hearings in the US referred specifically to US tax law and states that the US Government is in a position to close off the loopholes if it so wishes.

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