“Ireland must harmonize tax” say two MEPs

Two MEPs have said that Ireland needs to look at harmonizing its corporate tax rate if it ‘needed to seek help from the €750bn bailout fund, set up at the height of the Greek crisis in the spring.’

This would be one of the most anti-competitive measures that the EU could introduce. Not allowing Member States to compete for business through tax policy is bad for Member States, workers, and consumers.

It would also seem like a nice little work around to the assurance Ireland got before the Lisbon II that EU law post-Lisbon would not effect Ireland’s tax position.

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