There is “no doubt” that significant global changes to how multinationals’ profits are taxed are coming, and Ireland could lose up to €2 billion a year as a result, Paschal Donohoe has said.
New base erosion and profit shifting (BEPS) regulations are expected to be introduced from 2022 that will limit multinationals’ ability to route their profits through countries such as Ireland to minimise their tax bills.
Instead, the reforms spearheaded by...
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