Corporation tax not feature of talks - Lenihan

Wednesday 24 November 2010 20.43
Brian Lenihan - Corporation tax will not feature in talks
Brian Lenihan - Corporation tax will not feature in talks

Minister for Finance Brian Lenihan has said the corporation tax rate of 12.5% has not and will not feature in the current talks with the IMF and EU officials.

Speaking in the Dáil, Mr Lenihan said deputies minds should be put at rest that no changes will be made to the rate.

He also said the four-year plan has received the broad acceptance of the EU commission.

The minister said there have been positive economic signs in recent times, saying exports have increased and unemployment figures have stabilised.

He said the country now needs to send a clear message to the world on December about how we handle our budgets.

Mr Lenihan was speaking during a private members motion brought forward by Fine Gael calling on the government to not to change the rate.

The motion was agreed without a vote.