Chartered Accountants Ireland makes submission on Rebalancing the Northern Ireland Economy
The Northern Ireland Tax Committee of Chartered Accountants Ireland and Chartered Accountants Ulster Society have published their response to the Consultation document.
Broadly, the response recommends a phased introduction of a 12.5% corporation tax rate set to a clearly defined timetable with profits from passive or non-trading activities excluded from this lower rate.
The response document is available to view at http://www.charteredaccountants.ie/PageFiles/506986/CAI-US%20Rebalancing%20the%20Economy%20response.pdf