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Biotech / Medical : Trinity Biotech (TRIBY)
TRIB 1.0600.0%3:55 PM EST
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To: Keiko who wrote (9921)7/28/1998 8:47:00 PM
From: Ron Luhmann  Read Replies (1) of 14328
 
The Wall Street Journal has cited Ireland as the
model economy for the rest of Europe to follow,
and it attacks the European Commission's criticism
of Ireland's low corporation tax rate for
manufacturing companies. "The only thing unfair
about that is that the rest of Europe doesn't enjoy
the benefits of such enlightened economic
leadership," it says.
It describes Ireland's agreement to lower the tax
rate on all companies to 12.5 per cent as a "neat
hat trick" as that manages both to "meet the
commission's demands and enhance Ireland's
status as a low-tax country". As this is one-third
the average corporate tax rate in Europe, "Irish
citizens and the companies that employ them have
every reason to cheer the result".

for the full story go to this address(I hope the hyperlink works)
irish-times.com
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