(AP Photo/Philippe Wojazer,Pool)Ireland is “stealing” tax revenues from other EU countries, a Nobel Prize-winning economist has said. “Much of the tax revenue that Ireland gets is a result of stealing tax revenue from its neighbours - from other members of the EU,” Mr Stiglitz told a webinar on Thursday. Last week the minister for finance defended Ireland’s tax policy, saying the 12.5pc rate was “fair” and within the bounds of “healthy tax competition”. Mr Stiglitz’s comments come as talks on a global minimum corporate tax rate heat up, with a deal expected by July or October. EU economy and tax commissioner Paolo Gentiloni said the American plan is “an important tool” to press for change at EU level.

Source: Irish Independent April 29, 2021 17:48 UTC