Ireland holds out for EU-wide corporation tax reform
Despite pressure, the government is holding back on unilaterally introducing the minimum 15 per cent rate as other member states are doing
The government is continuing to support efforts to reach an EU-wide commitment on the implementation of a minimum effective tax rate, rather than progressing plans to unilaterally introduce the measure, the Department of Finance has said.
Implementation at European level of a landmark agreement struck by more than 130 countries last year has stalled due to opposition from Hungary. The eastern European country is opposed to the introduction of the minimum rate, which would be ...