OECD tax campaign may hit economy

30th December, 2014

Prominent Irish tax experts have cried foul over new rules to be introduced as part of the OECD’s global crackdown on corporate tax avoidance, claiming they favour large countries and could cause serious damage to Irish industrial policy.

The OECD is proposing stringent new rules to combat the abuse of tax treaties – agreements between countries to avoid double taxation on corporate profits in different countries – known as ‘treaty shopping’.

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