From RTE.ie
A row has broken out in the European Parliament over Ireland's 12.5% corporate tax rate.
It has emerged that eight mostly French and German MEPs have issued a declaration attacking Ireland's corporate tax rate and calling for a minimum EU-wide corporate tax rate of 25%.
What has heightened the dispute is the fact that the eight MEPs are all co-ordinators for the different political groupings in the parliament and are, as such, representatives for those groupings on an influential parliamentary committee.
The declaration invites signatures from other MEPs and if it can gather the support of 350 MEPs, it then becomes the position of the European Parliament.
There's been a growing feeling of unease about the way the EU has approached the Irish bailout. It's now obvious that they basically want to crush us.
We need to think long and hard about our next move. FF, FG and Labour need to start into some intensive dialogue as the vultures are circling.
A row has broken out in the European Parliament over Ireland's 12.5% corporate tax rate.
It has emerged that eight mostly French and German MEPs have issued a declaration attacking Ireland's corporate tax rate and calling for a minimum EU-wide corporate tax rate of 25%.
What has heightened the dispute is the fact that the eight MEPs are all co-ordinators for the different political groupings in the parliament and are, as such, representatives for those groupings on an influential parliamentary committee.
The declaration invites signatures from other MEPs and if it can gather the support of 350 MEPs, it then becomes the position of the European Parliament.
There's been a growing feeling of unease about the way the EU has approached the Irish bailout. It's now obvious that they basically want to crush us.
We need to think long and hard about our next move. FF, FG and Labour need to start into some intensive dialogue as the vultures are circling.