Last week, the Institute launched its position paper calling for the activation of powers to implement a reduced rate of corporation tax for Northern Ireland. In a time of global economic turbulence and increasing competition for foreign direct investment (FDI), Northern Ireland holds a unique position with dual access to both the UK and EU markets. However, the Institute’s view is that this perceived advantage is being undermined by a corporation tax rate that is currently double that of the Republic of Ireland. You can read the full press release here.
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