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    Northern Ireland needs 12.5% tax says media chief

    Northern Ireland needs 12.5% tax says media chief

    Dublin-based media mogul Gavin O'Reilly said such a move would see Northern Ireland enjoying the same prosperity as their Republic of Ireland neighbours

    Author Date published June 15, 2010 Categories

    Slashing Northern Ireland’s corporation tax to 12.5% could revive the
    foundering economy according to Gavin O’Reilly, chief executive of Independent
    News & Media.

    The Dublin- based media mogul said such a move would bring Northern Ireland
    into line with the Republic of Ireland, which is
    a
    popular destination for multinational companies.

    O’Reilly said: “Don’t be fooled by anyone who tells you that the 12.5% rate
    was not really all that important for the Republic’s success.

    “It was the indispensable ace in the pack,” the Belfast Telegraph reported.

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