For the first time, the Institute of Accountants in Ireland has entered a referendum debate and called for a ‘yes’ vote on the Lisbon Treaty.
Vincent Sheridan, ICAI president, said at the organisation’s annual conference in Galway the institute had entered the referendum because of the importance of the issue to Irish business and to the economy at this time, the Irish Examiner reports.
‘We believe that the treaty poses no threat to our current corporation tax rate, he said. ‘But we believe that if Ireland is to be successful at preventing future attempts at harmonising either rates or bases, we need to maximise our standing and negotiating position in Europe. Voting Yes will achieve that result, voting no will achieve the oppose.'
Sheridan also repeated the institute’s call for a reduction in Northern Ireland’s corporation tax rate.
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