It argued that these issues should be decided by sovereign governments, the same case it made in its initial pushback against new global tax rules. Ireland’s ‘just say no’ approach to EU tax issues isn’t working. And just as support has been galvanised around tackling company tax-shifting, the current political climate is more favourable towards using taxes to boost climate measures than in the past. The EU has failed more than once to link its climate agenda to tax policies, falling foul of that need for unanimity on tax issues. The aim is to get that to 90pc and to become carbon neutral by 2050 with an EU-wide carbon border tax.

Source: Irish Independent March 18, 2021 02:26 UTC