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Ireland enraged as EU unveils tax hike plans

David Jetuah, Accountancy Age, 15 Mar 2010

Ireland reacts angrily to proposals for a common consolidated corporate tax base across Europe

Plans for a flat rate of corporation tax across Europe have been panned by Ireland.

EU taxation commissioner Algirdas Semeta floated a plan last week to bring in a common consolidated corporate tax base which would make taxes on businesses the same across Europe.

Detractors say this has come just months after EU mandarins promised there would be no fiscal changes in the pipeline which would affect Ireland.

Dana Rosemary Scallan, a No campaigner against the Lisbon Treaty told the Sunday Mirror: "A common tax rate was always the intention of the EU. Unfortunately, the eurocrats lie and they lied to us about that tax guarantee.

"Anyone who raised concerns about this was branded a scaremongerer. I hate to keep saying 'I told you so', but I've been warning this was coming since 1999. We've been deceived by Europe."

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