Corporation Tax in Northern Ireland

A paper assessing the potential costs and benefits of lowering corporation tax in Northern Ireland. We conclude that while potential benefits of a reduction in corporation tax may be high in the very long term, the costs are very likely to be high in the short term and may well remain so in the future. Potential benefits are far too uncertain for Northern Ireland to risk a significant corporation tax rate reduction; and a small reduction may be ineffectual in attracting significant amounts of new business.

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