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’

14th June, 2021
Ireland will benefit from new global tax rules, says EU economy commissioner
Paolo Gentiloni said smaller, open economies such as Ireland have a lot to gain from changes to global tax rules endorsed by the G7

Ireland stands to benefit from a redrawing of global tax rules which are costing European economies billions of euro in lost tax revenue every year, according to the European Union’s Economy Commissioner.

Paolo Gentiloni said proposed changes to global corporate tax policy endorsed by the G7 group of wealthy nations earlier this month could reshape tax policy to “fit the realities of the 21st Century” and fund public investment required to help economies...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

John Walsh: Tax threat and failures on the domestic front have the makings of a perfect storm for the Irish economy

Tax John Walsh 1 week ago

Tom Maguire: Buckle up for a busy tax period

Tax Tom Maguire 1 week ago

Revenue to send estimated property tax bills to 1.7 million homes

Tax Michael Brennan 1 week ago

Donohoe fears that 15% global corporate tax could rise further

Tax Daniel Murray 2 weeks ago