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Cameron urged to cut Northern Ireland's corporation tax rate

作者:慕痈 来源:本站原创 时间:2019-09-15

David Cameron will be challenged to grant special status on lower corporation tax during his visit to the province on Tuesday.

The prime minister will hold talks with the first minister, Peter Robinson, and deputy first minister, Martin McGuinness, at Stormont on his one-day tour.

He will also hold a question-and-answer session with invited members of the public as part of a series of events he has hosted across the UK meeting ordinary people.

Security will be paramount on the visit given the recent upsurge in republican dissident terrorism.

Northern Ireland's power-sharing government has been arguing for a low corporation tax similar to the regime in the Irish Republic where it is 12.5% and regarded as a key factor in attracting foreign direct investment. The UK's corporation tax rate is currently 24%.

The Stormont executive claims the province is a special case in the UK because it shares a land border with a state which has such a low corporation tax system against which the north cannot compete.

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