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Northern Ireland May Get Corporation-Tax Autonomy, Osborne Says

Northern Ireland’s semi-autonomous government will be able to set its own company-tax rates once local politicians show they’re able to manage the implications, U.K. Chancellor of the Exchequer George Osborne said.

The U.K. government will introduce legislation allowing the multiparty administration in Belfast to control its own corporation tax depending on the outcome of talks with politicians from the province, Osborne said in his end-of-year update to Britain’s Parliament in London today.