He also reports on a warning from a top tax official at the Organisation for Economic Co-operation and Development (OECD), who has said Ireland will suffer more than most countries if efforts to secure a global digital tax agreement fail. Pascal Saint-Amans said an international “trade war or tax war” could be triggered in such an event. The retail industry is warning of a “Nama-like problem coming down the road” for landlords, with up to two-thirds of retailers still carrying rent arrears arising from the lockdown of April and May. The Government is preparing a new code of practice for the sector in coming weeks after coming under pressure from retail representatives, writes Mark Paul. Stay up to date with all our business news: sign up to our business news alerts and our Business Today daily email news digest.

Source: The Irish Times September 23, 2020 05:26 UTC