Government to receive latest draft on OECD global tax reforms this morning

The Minister for Finance ‘hopes to be a in position’ to give a recommendation to cabinet by the end of the day on a ‘very, very complex decision’

7th October, 2021
Government to receive latest draft on OECD global tax reforms this morning
Paschal Donohoe, the Minister for Finance, hinted that the government will seek to introduce a dual corporate tax system, where SMEs continue to pay a corporate tax rate of 12.5 per cent. Picture: Rollingnews.ie

The Irish government will this morning receive the latest draft text on the OECD’s proposals for a major reform of the global corporate tax system, Paschal Donohoe, the Finance Minister, has said.

“Where things stand at the moment, I had further engagement with the EU Commission and the OECD last night. We are now expecting a further draft text on the [corporate tax] agreement this morning,” Donohoe told the Business Post.

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