Could Ireland take a multi billion euro hit on tax?
If the Biden administration’s proposals on global tax come to pass, our economy is unlikely to emerge unscathed over the long term, with corporate tax reform potentially costing Ireland billions each year
Janet Yellen was clear: the United States was back at the table, and full-square behind corporate tax reform, which she hoped would put an end to a three-decade-long “race to the bottom”.
“Together, we can use a global minimum tax to make sure the global economy thrives based on a more level playing field in the taxation of multinational corporations, and spurs innovation, growth, and prosperity,” the US Treasury Secretary told the Chicago...
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Ireland will benefit from new global tax rules, says EU economy commissioner
Paolo Gentiloni says Ireland has ‘the tools to sustain and even further cement its reputation and competitiveness’
Lorcan Allen: Why the days of our cherished corporate tax may be numbered
As much as the prospect of a minimum global corporate tax rate causes concern, the lack of an OECD deal might lead to something far worse – a digital tax war