Tuesday February 18, 2020

Multinationals seek to influence OECD’s tax reform plan

Firms worldwide are closely watching the process as OECD seeks to address long-time accusations that Ireland facilitates tax avoidance

12th January, 2020
Martin Shanahan, chief executive of IDA Ireland. The OECD is seeking to address tax avoidance by large multinationals. Picture: Colm Mahady/Fennells

Large multinational corporations will seek to influence major reforms aimed at tackling global tax avoidance, the head of the state’s inward investment agency has said.

Martin Shanahan, chief executive of IDA Ireland, said companies around the world were keeping a watching brief on the Organisation for Economic Co-operation and Development’s (OECD) proposed reforms.

The OECD has put forward a series of proposed reforms aimed at tackling tax avoidance by large multinationals,...

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