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Sign up to The Irish Times Archive (1859 - 2008)My Account »

Wed 10 Oct 200812.5% rate will not be touched - Lenihan

COMPANY PROFITS:FINANCE MINISTER Brian Lenihan stressed in his Budget speech yesterday that the Republic's 12.5 per cent tax on corporate profits would not be increased.

The rate is among the lowest charged on company profits in the EU and is the key to attracting mobile investment and multi-national employers to the State.

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