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EU intends to harmonise policies on corporate tax PDF Print E-mail

Independent Date: 28.10.2010

THE EU intends to plough ahead with bringing national tax policies closer into line -- despite the Irish Government's reservations. The EU's internal market chief, Michel Barnier, set out a 50-point plan yesterday to revitalise the single market.

It includes moves to consolidate corporate-tax bases and "profoundly re-examine" the EU's rules on VAT. Detailed legislation will be published next year.

The commission estimates that it costs businesses €12.8bn to comply with differing corporate tax laws. The plan stresses that the EU is not seeking to harmonise rates of corporate tax, but to create a common way of calculating taxable profit for larger companies.

"Groups will have only one set of tax rules to follow and will have to deal with only one tax administration in the EU," according to the paper.

The EU's economics chief Olli Rehn -- who will visit Ireland next week --- recently raised the spectre of a hike in corporate tax rates here when he said Ireland could no longer continue as a "low-tax country".

However, a spokesman for Mr Rehn said yesterday that he would not be "imposing" any policies on the Government during his Dublin visit and would be in "listening mode".

The commissioner will also meet opposition leaders and Central Bank officials while he is in Dublin.

 

COMMENT FROM CÓIR

YES campaigners who denied this would happen - in fact, who called NO to Lisbon campaigners liars for pointing out that it would - should now apologise to the Irish people who were tricked, bullied and lied to in order to win their approval of the Lisbon Treaty. 
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Who are the bondholders the media talks about? PDF Print E-mail

National Platform Date:10.10.2010

We must re-assure the bondholders about the economy'. This line is trotted out daily in the Irish media. But who are these bondholders? The strange feature of current debates is that the Irish people never get told to whom we are supposed to pay all these debts. On Saturday 2 October the Financial Times published data on bondholders for Irish Government debt.


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Is this how the EU got a Yes from the Irish? PDF Print E-mail

Daily Mail Date: 07.10.2010

The European Commission has just flown 15 Irish journalists to Brussels for a two-day 'information visit'. Or as those of us who know Brussels and talk straight would put it, for a two-day, two-night taxpayer-funded propaganda junket at a four-star hotel. Ireland and the other eurozone countries might be suffering savage spending cuts, but the EU self-publicity budget thrives: in 2008 the Open Europe think-tank calculated that the EU was spending at least €2 billion a year on 'information'.


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Government should apologise to Irish voters PDF Print E-mail

Cóir Date: 01.10.2010

The pro-sovereignty organisation, Cóir, has said that comments made by the European Commissioner Olli Rehn show that our low corporation tax rate is under real threat from the European Union - and that threat puts tens of thousands of jobs at risk. Spokesman Brian T.  Hickey added that warnings by opponents of the Lisbon Treaty that a push for harmonised tax rules would follow the treaty's approval had now been proved correct, and that the government should apologise to voters for deliberately misleading them on this issue.


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Austerity hawks lose Celtic poster child PDF Print E-mail

Matthew Lynn Date: 31.08.2010

What does a country need to do to make a success of the euro? The European Commission and the European Central Bank would say the recipe is simple: Cut your budget deficit, slash wages, keep taxes competitive, boost your exports, and live with austerity.

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