Seanad debates

Friday, 21 March 2003

We need to remember that the attractiveness of Ireland to US investment depends on a benign US attitude to our 12.5% tax rate compared to their 30% rate, and the element of transfer pricing which this encourages. Many decisions vital for our future depend less on US interests than on US goodwill. I am not prepared to jeopardise all this for the sake of the brutal regime of Saddam Hussein.

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