PwC tax boss warns over pact on new global minimum tax rate for MNCs
Kilty says political consensus over OECD proposals for reforming how multinationals are levied poses risk for Irish tax receipts
A political consensus among governments to introduce a new global minimum tax rate for multinational companies poses a risk for Irish tax receipts, the head of taxation at PwC has said.
The Organisation for Economic Cooperation and Development (OECD) will tomorrow unveil proposals for reforming how companies are taxed, with plans for a minimum rate to prevent avoidance by major companies that could also result in taxes being redistributed to different jurisdictions.
Susan Kilty, head...
Subscribe from just €1 for the first month!
Exclusive offers:
All Digital Access + eReader
Trial
€1
Unlimited Access for 1 Month
*New subscribers only
Annual
€200
€149 For the 1st Year
Unlimited Access for 1 Year
Quarterly
€55
€42
90 Day Pass
2 Yearly
€315
€248
Unlimited Access for 2 Years
Team Pass
Get a Business Account for you and your team
Related Stories
Pat Rabbitte: Has Europe learned its lesson from the last crash?
The ECB responded to the last global recession by embarking on an austerity binge, but things are different this time
Brian Keegan: Latest Brexit row shows that changing borders has a price
A lack of any serious engagement with the economic consequences of Brexit means that further crises and flashpoints are inevitable
Aidan Regan: The great known unknowns of our corporate tax receipts
Most employed people know how much income tax they will pay next year, and this predictability gives certainty to the public finances. But that is not the case when it comes to multinationals
Comment: Why investment agreements like Ceta are worth pursuing for the EU
EU investors are at greater risk in third countries, so the rationale for making investment protection a pillar of our trade policy is clear