Donohoe says OECD tax deal a 'balanced compromise'

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Ireland Headlines News

Last October Ireland belatedly joined a majority of countries around the globe in signing up to an OECD tax framework that would set a global minimum effective corporate tax rate of 15%.

The Minister for Finance has said that Ireland will play an active role in ensuring that the new global corporate tax deal reached last year can be speedily enshrined into EU law.

The OECD agreement comes in two parts - the first is to force multinationals to declare their profits and to pay more tax in the countries where they do business.

 

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