Kieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source

On the issue with the 55% rate, we had flexibility to set the 51% rate. We have to meet the target by 2050 and have set a target by 2030. The 55% rate by 2050 is an absolute rate. All countries are duty-bound to meet that rate. If they do not do so, are they subject to penalties?