Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

From a Fianna Fáil perspective, we view both the CCCTB and the digital taxation proposals as a step towards tax harmonisation across the European Union. From our perspective, this is an encroachment into an area of national competence and key national sovereignty. If necessary, the Minister needs to exercise the veto on these proposals. The Minister is doing what we would expect him to do in building alliances with other countries that would have a common view on this issue but if it comes to it and if these proposals are put, they need to be rejected and vetoed, if necessary.

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