Paschal Donohoe: There is a pathway to an international tax consensus

Any future tax agreement must deliver certainty and stability while supporting innovation in these testing times

I fully accept that there needs to be clear boundaries to ensure any competition is fair and sustainable, and we have a strong record of achievement in doing this

We are now at a critical juncture as 139 countries seek, through international discussions at the OECD, to agree a new sustainable approach to business taxation. It comes against a background of ever-growing, and indeed accelerating, digitalisation of our economies.

This was the context to an address I gave at a virtual seminar to nearly 1,500 virtual delegates, including business leaders and government officials from across Ireland, Europe, the Americas and beyond, last week.

It ...