Value-added tax is an indirect tax, levied at the point of consumption of goods and services. The transition to a more sustainable planet is a critical matter that is rapidly changing the consumption habits of individuals and companies, as well as shaping tax policies. In this article we outline the VAT measures in Ireland to date to address environmental sustainability, as well as the emerging global trend of jurisdictions’ using their VAT systems to promote sustainability. Drawing on the experience of other countries, we also share some suggestions on what Ireland could consider in future from a VAT perspective to support the decarbonisation journey.
To continue reading...
Members, students and subscribers of the Irish Tax Institute can login using your username and password.
For information on subscribing please contact info@taxinstitute.ie