Sinn Fein MEPs help Ireland avoid tax haven label

Sinn Fein MEPs have defied their left-wing European parliament political allies to help defeat a proposal that the European Commission should regard Ireland as an “EU tax haven”.

Four Fine Gael MEPs also broke ranks with their political group to abstain from supporting the findings of a parliamentary inquiry into the tax evasion revealed by the Panama papers.

The adopted report criticises Ireland’s role in tax evasion. In it the European parliament notes with “regret” that the latest EU tax haven blacklist focuses only on non-EU jurisdictions and omits “countries within the EU that have played a systematic role in promoting and enabling harmful tax practices”.

The parliament noted that “at least four member states would be included on the [blacklist] if screened according to…

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