95. Deputy Micheál Martin asked the Minister for Finance his plans to respond to the recent announcement by the United Kingdom Chancellor of the Exchequer to reduce the United Kingdom's corporation tax rate to 15% as opposed to a previous announcement reduction to 17%; if this poses a challenge to Ireland by reducing foreign direct investment here given a recent Economic and Social Research Institute study that says that every 1% drop in the United Kingdom rate would, all things being equal, reduce foreign direct investment from outside the European Union by 4.6 per cent. [20905/16]

Summary

95. Deputy Micheál Martin asked the Minister for Finance his plans to respond to the recent announcement by the United Kingdom Chancellor of the Exchequer to reduce the United Kingdom's corporation tax rate to 15% as opposed to a previous announcement reduction to 17%; if this poses a challenge to Ireland by reducing foreign direct investment here given a recent Economic and Social Research Institute study that says that every 1% drop in the United Kingdom rate would, all things being equal, reduce foreign direct investment from outside the European Union by 4.6 per cent. [20905/16]

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Timeline

1. 13 July 2016

   Corporation Tax Regime

   95. Deputy Micheál Martin asked the Minister for Finance his plans to respond to the recent announcement by the United Kingdom Chancellor of the Exchequer to reduce the United Kingdom's corporation tax rate to 15% as opposed to a previous announcement reduction to 17%; if this poses a challenge to Ireland by reducing foreign direct investment here given a recent Economic and Social Research Institute study that says that every 1% drop in the United Kingdom rate would, all things being equal, reduce foreign direct investment from outside the European Union by 4.6 per cent. [20905/16]

   Source: written

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• Corporation Tax Regime

  xml · EN · 13 July 2016

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• Martin, Micheál. · Asking member
• Finance · Finance · Addressed to

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