Seanad debates

Wednesday, 10 November 2004

Competitiveness and Consumer Protection Policy: Statements.

 

12:00 pm

Tom Morrissey (Progressive Democrats)

The international benchmarking exercise suggests that, on aggregate, Government policies proved a significant competitive advantage to firms operating in Ireland. Our key strengths are apparent. Ireland's standard rate of corporate tax, 12.5%, is the lowest out of 16 countries and has been a key factor in Ireland's success in attracting high levels of inward direct investment over the past decade.

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