Ireland Among 9 Countries Not To Sign-Up To OECD Corporation Tax Reforems.

Friday, 2 July 2021 10:33

130 countries agree to global tax reform.

The Finance Minister is defending his decision not to sign up for the OECD's corporation tax reforms.

A total of 130 countries agreed a global tax reform to ensure multinationals pay their fair share wherever they operate.

Ireland was one of nine countries not to sign up to the agreement.

Minister Paschal Donohoe says people depend on our low corporation tax rate.

Global corporation tax reform deal backed by 130 nations - but not Ireland https://t.co/CPGl368sZb
— TheJournal.ie (@thejournal_ie) July 1, 2021

Economics lecturer at UCC, Seamus Coffey, says the Minister took a strong stance yesterday.

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