Page 13 - ஐரிஷ் நிதி அமைச்சர் பாஸ்கல் தொனொோே News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Germany Welcomes U S Call for a 15% Global Minimum Tax Rate
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Germany Welcomes U S Call for a 15% Global Minimum Tax Rate
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Eurogroup Head Donohoe: Prospects for Eurozone are improving
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Low-tax Ireland plays damage limitation card as global overhaul beckons
Ireland, resigned to having much to lose from a global overhaul of how multinational companies are taxed, has embarked on a damage limitation exercise that it hopes will let it and other low-tax economies retain some of their decades-old advantages.
After years of talks, the Organisation for Economic Cooperation and Development (OECD) is confident of finding a consensus this year among 140 countries on rewriting international tax rules for the first time in a generation.
For Ireland, opposing the changes would risk a messier outcome of larger rivals going their own way.
Ireland pushes back on US proposal for 21% global minimum tax
Irish Finance Minister Paschal Donohoe emphasised that the OECD’s digital tax agenda must work for small nations too, hinting that Ireland will not agree to raise its 12.5% CIT rate.