European Finance Ministers to publish tax evasion blacklist

European Finance Ministers are today expected to publish a blacklist of territories accused of facilitating tax avoidance and tax evasion.

The ministers, including Paschal Donohoe, are meeting in Brussels today and will be discussing the fallout from the so-called Paradise Papers.

One of the revelations was that Apple moved a multi-billion euro tax avoidance scheme from Ireland to Jersey, after the government announced it was closing tax loopholes here.

CEO of Oxfam Ireland Jim Clarken, says the Finance Minister needs to take a tougher line on stamping out tax havens.

He said: "So we need Minister Donoghue to commit Ireland to much more robust oversight of the system and stronger initiatives to stamp out the use of tax havens by any company, whether they be based here or elsewhere.

More on this topic

More in this Section

No winner of tonight's EuroMillions jackpot worth €17m

Noonan: Irish exporters will be 'able to cope' under no-deal Brexit

Brexit Q&A: What have they done this time?

'A secret no child should have to carry': Man and woman recall 'absolute horror' of abuse by Christian Brother


Lifestyle

The mother of all gifts: Here are some ideas for how to treat your mum this Mother's Day

Blue Planet: Diving in for live show

GameTech: Looted and booted for ‘Fortnite 8’

Am I too old for great sex with a new man?

More From The Irish Examiner