When Ireland rejected by referendum the Lisbon Treaty in 2008, a series of clauses known as the Irish Guarantees were added. One of those guarantees is: > Noth

When Ireland rejected by referendum the Lisbon Treaty in 2008, a series of clauses known as the Irish Guarantees were added. One of those guarantees is: > Nothing in the Treaty of Lisbon makes any change of any kind, for any Member State, to the extent or operation of the competence of the European Union in relation to taxation. Ireland holds a veto (as do all other EU countries) on any proposed Common Consolidated Corporate Tax Base, so the chances of a CCCTB as commonly envisaged being enacted is exactly zero.