Sinn Féin - On Your Side

Gavan calls on Irish Government to address Tax Haven policies which undermine Development Goals

9 April, 2019 - by Paul Gavan

Sinn Féin Senator Paul Gavan has called on the Irish Government to address corporate tax policies that undermine its commitment to the United Nations Sustainable Development Goals (SDGs).

Speaking in the Council of Europe today, Senator Gavan highlighted how progressive policies by one arm of government are being undermined by another through the continuing failure to address the issue of Ireland’s status as a tax haven, saying:

“We must ensure that there is policy coherence across government to ensure the SDGs are met.

“For example, Ireland has an excellent overseas development programme called Irish Aid. It is regularly peer reviewed and praised for its accountability and that it is 100% untied aid.

“However, Ireland’s domestic approach to corporate taxation is clearly at odds with our development objectives, as we are effectively a tax haven for transnational capital. Ireland’s current status as a corporate tax haven has been recognised by academics, the IMF, Oxfam and the European Parliament amongst others.

“Long-term viable solutions to global poverty and inequality are being undermined by the current scale of global corporate tax avoidance, which drains much needed financial resources from low-income countries.”

Concluding his contribution, Senator Gavan said

“We need to radically change our approach to harmful tax policies and to create socio-economic policies which deliver these SDGs and save our planet from endemic poverty, inequality, and climate disaster.” 

Connect with Sinn Féin