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'Average' corporate tax

IRELAND'S corporate tax rate is "average" compared to other European countries and other countries get away with a lower rate, a German newspaper has outlined.

The influential and conservative paper, Frankfurter Allgemeine, said the amount of tax paid by companies in France is much lower than in Ireland and referred to the recent PricewaterhouseCoopers (PwC) study for the World Bank.

"The actual tax burden for companies in Ireland lies only in the European mid-field," the paper outlines. "In many other countries, including in France, firms get away with less than in Ireland."

The article signals there is some sympathy in Germany towards Ireland's position before tomorrow's EU summit in Brussels.