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Scare tactics by British Treasury - Conor Murphy

20 July, 2011 - by Westminster


 

Sinn Féin MLA Conor Murphy has said that new figures released by the British Treasury regarding the devolution of corporation tax to the North are untested.

“These are untested figures from the British Treasury and are figures that the Executive would dispute, as such they need to be treated with caution,” said the chair of the Assembly’s Finance Committee.

“The British Treasury is obviously not comfortable with handing over control of corporation tax to the Assembly and these figures can be seen as a scare tactic.

“The bottom line is that the devolution of corporation tax is a very complex area that needs looked at carefully and no decision will be made until it is seen that the outcome will benefit all the people in the North.”

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