UK Chancellor Rishi Sunak has called on the G7 member nations to continue working together to secure a green and sustainable global economic recovery.Sunak made the remarks at a virtual meeting on Friday ahead of the in-person G7 Finance .
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Ireland rejects President Biden s global corporate tax plans and will keep 12.5% rate, finance minister tells Sky News
Ireland has no plans to increase its corporate tax rate - one of the lowest in the developed world - the country s finance minister has told Sky News, which could scupper Joe Biden s radical scheme for a global minimum rate.
Paschal Donohoe said that he had significant reservations over plans floated by the US president to encourage countries around the world to adopt minimum rates of corporate tax in order to prevent companies from shifting their profits and avoiding payments in future.