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Analysis: Low-tax Ireland plays damage limitation card as global overhaul beckons

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.

Global Minimum Tax Momentum Gains With G-20 Seeing Mid-Year Deal

Global Minimum Tax Momentum Gains With G-20 Seeing Mid-Year Deal Bloomberg 6 hrs ago Alessandra Migliaccio, Yoshiaki Nohara and William Horobin © Bloomberg Morning rush hour commuters wear protective face masks while passing a poster showing the Eiffel Tower and city skyline at Champs-Elysees–Clemenceau metro station in Paris, France, on Wednesday, Oct. 14, 2020. After putting six cities including Paris on maximum alert, President Macron Macron may announce additional restrictions on French national television today. (Bloomberg) The drive to overhaul global taxes for companies gathered more steam on Wednesday after Group of 20 finance chiefs, encouraged by new U.S. proposals, pledged to reach a consensus on new rules by mid-year.

Global minimum tax momentum gains as G-20 sees mid-year deal

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Global minimum tax gains momentum

Global minimum tax gains momentum
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