9 Mr. Ferris asked the Minister for Finance whether it is the official Government position that the 10 per cent rate of corporation tax which expires in the year 2010 will be replaced by a universal corporation tax which will apply to all companies and will apply at the level of 15 per cent on traded profits and 25 per cent on passive income and that this regime would prevail until the year 2025; and if he will make a statement on the matter. [15717/97]

Summary

9 Mr. Ferris asked the Minister for Finance whether it is the official Government position that the 10 per cent rate of corporation tax which expires in the year 2010 will be replaced by a universal corporation tax which will apply to all companies and will apply at the level of 15 per cent on traded profits and 25 per cent on passive income and that this regime would prevail until the year 2025; and if he will make a statement on the matter. [15717/97]

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Timeline

1. 8 October 1997

   Other Questions. - Corporation Tax.

   9 Mr. Ferris asked the Minister for Finance whether it is the official Government position that the 10 per cent rate of corporation tax which expires in the year 2010 will be replaced by a universal corporation tax which will apply to all companies and will apply at the level of 15 per cent on traded profits and 25 per cent on passive income and that this regime would prevail until the year 2025; and if he will make a statement on the matter. [15717/97]

   Source: oral

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• Other Questions. - Corporation Tax.

  xml · EN · 8 October 1997

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• Michael Ferris · Asking member
• Minister for Finance · Minister for Finance · Addressed to

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