It looks like FG want to appeal against raising 13 billion (plus interest) that the once eternally wise EC has told them…if they thought water charges were a tough sell on the doorsteps! 1% effective tax rate after telling everyone they were fighting to defend 12.5% !
They need their heads examined. Marching to electoral doom on the hundredth anniversary of the Somme.
The only grace is that FF and Labour are rowing in. Yes f**king Labour want to not collect corporation tax
Noonan is trying to steamroll a quick cabinet decision. If IA are smart they’ll delay ask for a Dail debate, and start asking whether this whole debacle is an example of Regulatory Capture, which to me it is.
Another thing to mention - The Irish Taxation system has been stuck in a sick malaise for at least the last 20 years that the Big 4 firms write/suggest huge swathes of the Finance Act each year.
Edit - remembering the concerted briefing campaign about how inept Shane Ross was on Brazilian thing it will be interesting to see whether Noonan get x thousand a lashing from INM and the IT for a thousand times bigger f**k up on his watch