Finance Minister Says He Can't Sign Up To Global Corporate Tax Deal.

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Thursday, July 15th, 2021 11:30am

By Ciara Plunkett @plunkettciara

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File image: Pascal Donohoe/RollingNews

Ireland is one of a handful of hold-outs.

The Finance Minister says he still can’t sign up to a deal to raise the minimum global corporate tax rate to 15 per cent.

But he stopped short of giving a commitment not to raise Ireland’s 12.5 per cent rate.

Over 130 countries have agreed to reform corporate tax, with Ireland being one of just a few holdouts.

Paschal Donohoe says the talks haven't finished yet.

Minister says he is committed to finding an agreement on corporation tax reform https://t.co/fN3OW2s5cd via @IrishTimesBiz

— Irish Times Business (@IrishTimesBiz) July 15, 2021

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