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...

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