This was the first reported case involving customers to come before the Tax Appeals Commission. However, if Brexit goes badly, it will certainly not be the last. And this case highlights just how complex and contested it could get.
By loading a small handful of net contributing countries with the unsustainable new burden of funding the rest of the EU27, the new EU deal makes future post-Covid-19 fiscal austerity inevitable for Ireland and nine other net contributing States.
Amid heightened market uncertainty, gold are surging. Options markets, central bank pandemic policies and institutional investors suggest it could have further to go yet. That is why gold is starting to attract a new breed of investor.
The state is not only going to have to bail out a string of commercial semi-states this year as a result of a dramatic fall-off in revenues. But the crisis will also inhibit the capacity of many state-owned companies to hand over handsome dividends to their parent.
Will enough of the high street survive long enough to benefit from consumers spending their hard-earned money? Will the commercial leases these firms have signed survive? And if not, what might the future of the commercial property sector be?
I knew John Hume for more than 40 years. In later years, he had forgotten my name but remembered he knew me. He introduced me as that “Protestant lad from Belfast” and gave me a hug. For me, his contribution was greater than that of Parnell or O’Connell.