Ireland says it did not lure UK business

Ireland says it did not lure UK business

UK companies moving to the Republic of Ireland was not prompted by the Irish government

Companies unhappy with the UK’s corporate tax climate moved of their own
accord and were not lured away by the Irish government.

Irish policymakers met with the Treasury last month after pharmaceuticals
giant Shire shifted its tax base to the Republic.

‘We do not encourage the establishment of “brass plate operations” which
simply seek to avail of our low rates,’ a finance ministry official told the
FT.

Further reading:

UK
softens on common EU tax base

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