COMMONS

Northern Ireland Affairs Committee takes further evidence on Corporation Tax

10 January 2011

The Northern Ireland Affairs Committee continues its inquiry into corporation tax in Northern Ireland with evidence from Rosa Greaves, Professor of European Commercial Law and Head of School of Law, University of Glasgow, and Phillip Kermode, Taxation and Customs Union Directorate General, EU Commission.

The session starts at 3pm on Wednesday 12 January 2011 in Committee Room 5, House of Commons.

Witnesses:

At 3pm

Rosa Greaves, Professor of European Commercial Law and Head of School of Law, University of Glasgow

Phillip Kermode, Taxation and Customs Union Directorate General, EU Commission

Background:

The Chancellor has announced that he plans to reduce the main rate of corporation tax in the UK from 28% to 24% over the next four years. He further announced that he would review measures to rebalance the NI economy including consideration of mechanisms for changing the corporation tax rate. The rate in the Republic of Ireland is 12.5%.

The Northern Ireland Affairs Committee has so far held five evidence sessions examining the issues around the rate of corporation tax in Northern Ireland. Transcripts of the sessions are available on the Committee's website:

Further information:

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