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While there is a consensus that the tax base needs to be broadened, there is little agreement on how this should be done. Photograph: Bryan O’Brien

It’s edifying to think that a wealth tax or a solidarity tax on the super-rich could raise revenue for investment in public services. But it won’t. A (...)

Opposition leader Juan Guaidó shows a poster depicting Venezuelan president Nicólas Maduro’s alleged links with criminals during a press conference in Caracas on May 12th. Photograph: Getty Images

After years of stalemate, Venezuela’s government and opposition appear to be inching towards a compromise that could help unlock the country’s often b(...)

In its review, the IMF said the Government needed to raise more taxes to invest in education, training and affordable housing and childcare once recovery from the pandemic has taken hold.

The introduction of a minimum global corporate tax rate could – in an “extreme scenario” – wipe out half of Ireland’s €11.8 billion corporate tax base(...)

  The HSE  vaccination centre in the Aviva Stadium. Photograph: Alan Betson/The Irish Times

Tánaiste Leo Varadkar has said everyone who wants a Covid-19 vaccine appointment could be offered one by the end of June. Mr Varadkar raised the pro(...)

Part of the European Commission’s recommendations in relation to Ireland’s application for the recovery fund was a crackdown on aggressive tax practices. Photograph: iStock

Ireland will shortly publish its plan to use the more than €900 million it will get from the new Europan Union Recovery and Resilience Fund. Designed (...)

Minister for Finance Paschal Donohoe:  “Our public debt is approaching a quarter of a trillion euros.” Photograph: Julien Behal

The Cabinet will be warned today that current levels of public spending are unsustainable at Ireland’s existing tax base. However, fearing a politic(...)

Joe O’Brien said there is a ‘very good chance’ that the rate of consistent poverty went up last year due to the impact of Covid-19. Photograph: Dara Mac Dónaill

Green Party Minister Joe O’Brien is pushing Government colleagues for a “one-off solidarity tax” on high earners and firms that were “highly profitabl(...)

US President Joe Biden’s broader goal is to  end what officials have described as a race-to-the-bottom on global taxation. Photograph: Leigh Vogel/Pool/EPA

The Biden administration is calling for the world’s biggest multinational companies to pay levies to national governments based on their sales in each(...)

 French Finance Minister Bruno Le Maire welcomed the US support for a global minimum tax. Photograph: Denis Balibouse/EPA

The world’s leading economies are close to agreeing a set of principles that would revolutionise the taxation of multinationals after France and Germa(...)

Minister for Finance Paschal Donohoe: innovation by companies and the consumer response bode well for the recovery of the Irish economy.  Photograph: Gareth Chaney

Consumers and businesses have “adapted” to transacting online during the current Level 5 lockdown, Minister for Finance Paschal Donohoe said after a r(...)

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