Donohoe: G7’s drive for 15% corporate tax rate must suit smaller countries

Minister for Finance held meetings on sidelines of two-day summit in London with US Treasury Secretary Janet Yellen and British chancellor Rishi Sunak

6th June, 2021
Donohoe: G7’s drive for 15% corporate tax rate must suit smaller countries
Paschal Donohoe: 'The G7 agreement is an important signpost and it does have consequences for the future of corporate tax policy across the world'. Picture: PA

The G7 group’s push for a minimum global corporate tax rate of 15 per cent must meet the needs of smaller countries, Paschal Donohoe, the Minister for Finance, has said.

The G7 group of leading economies agreed yesterday to back US proposals for a minimum global corporate tax rate of 15 per cent in what was hailed as a “historic” and “unprecedented” deal.

Speaking from London, Donohoe said the agreement by...

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