Noonan: Ireland 'can't live' with EU transaction tax

The Minister for Finance, Michael Noonan, has said a financial transaction tax which does not incorporate Britain will lure financial sector jobs from Dublin to London.

1st February, 2012
Noonan: Ireland 'can't live' with EU transaction tax
Minister for Finance, Michael Noonan

The Minister for Finance, Michael Noonan, has said a financial transaction tax which does not incorporate Britain will lure financial sector jobs away from Dublin to London.

Speaking in the Dail, Noonan said that the government “couldn’t live” with such a situation.

Meanwhile, a new KPMG report claims that just three of the 27 EU countries are in favour of a transaction tax on financial transactions, which is designed to raise...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

The year in review

Newsround: What Thursday’s papers say