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Mr Rehn says Ireland is unlikely to be able to keep its low-tax regime (Photo: ec.europa.eu)

Rehn predicts end of Ireland's low-tax regime

by Valentina Pop, October 4, 2010, 7:29:32 AM
1 co-observer

With its record budget deficit, Ireland will not be able to keep its low taxes and will become a "normal tax country in the European context," economic affairs commissioner Olli Rehn said Friday (1 October), prompting an angry response from large American corporations based on the island.

"It's a fact of life that after what has happened, Ireland will not continue as a low-tax country but rather it will become a normal tax country in the European context," Mr Rehn said at a press confer...

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Mr Rehn says Ireland is unlikely to be able to keep its low-tax regime (Photo: ec.europa.eu)

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