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Ireland says to resist Junker plan to prevent vetoes on EU tax reform

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Ireland says to resist Junker plan to prevent vetoes on EU tax reform

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DUBLIN (Reuters) – Ireland will resist any attempt to strip it of its veto over European Union tax policy, Finance Minister Paschal Donohoe said on Thursday after the European Commission’s head suggested tax changes be made by “qualified majority.” In a speech on Wednesday, Jean-Claude Juncker urged EU states to make the change as the current practice of unanimous decisions had blocked major overhauls of European Union tax legislation. “I and this government will not participate in any decision that changes our ability to protect our national interest on key issues like that,” Donohoe told Irish broadcaster RTE. “The need for unanimity… is a core issue of how the European Union manages issues like this.” Major reform of how multinational companies are taxed, such as those championed by Junker “would be a very very big economic challenge for Ireland,” Donohoe added.

(Reporting by Conor Humphries; editing by John Stonestreet)
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