Government still expects deal for 15% minimum corporate tax rate to be implemented
Paschal Donohoe warns that ‘if no progress is made on the rate’ then it opens up ‘risk of unilateral action’
Ireland still expects a global deal for a minimum corporate tax rate of 15 per cent to be implemented, despite hurdles in its progress passing through the US Congress.
The OECD tax agreement process is “unfolding exactly as I expected it would,” Finance Minister Paschal Donohoe said in an interview with Bloomberg Television.
“I still expect, as we move through this year and as we move into 2023, that we will see the second pillar ...