<page_title> Corporation tax in the Republic of Ireland </page_title> <section_title> Historical rates (1994–2018) </section_title> <table> <cell> 1995 <col_header> Taxation Year </col_header> <col_header> Trading Income </col_header> </cell> <cell> 40% <col_header> Pre–2000 Standard Rate </col_header> <col_header> IFSC Income </col_header> </cell> <cell> 2003 <col_header> Taxation Year </col_header> <col_header> Trading Income </col_header> </cell> <cell> 12.5% <col_header> Post–2000 Standard Rate </col_header> <col_header> Passive Income </col_header> </cell> </table>
The Irish standard rate of corporation tax was 40% in 1995 and 12.5% in 2003.