Many European countries have long felt that Ireland’s 12.5% corporate tax rate gives it an...

|By:, SA News Editor

Many European countries have long felt that Ireland’s 12.5% corporate tax rate gives it an unfair advantage, and now they see a chance to eliminate that tax niche in exchange for aid. But while other Irish taxes may have to rise to rein in the huge deficit, raising the corporate tax rate could damage not only Ireland but its partners too.