Robinson welcomes tax cut plan for North

Published:  28 March, 2011

BELFAST: The government has unveiled proposals to overhaul corporation tax in Northern Ireland to allow the region to compete with the Republic.

 

Corporation tax across the border is twice the rate in the Republic but this could change after the five main party leaders at Stormont and Northern Secretary Owen Paterson launched a consultation to discuss whether it makes sense for the North to woo multinationals with lower taxes.

First Minister Peter Robinson welcomed the consultation as a good news day for Northern Ireland.

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