EuropeAnalysis: Low-tax Ireland plays damage limitation card as global overhaul beckons
Padraic Halpin
5 minutes read
Outside view of the Organization for Economic Co-operation and Development, (OECD) headquarters in Paris September 3, 2009. REUTERS/Charles Platiau/File Photo
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.
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