It’s understood the phrase ‘at least’ has been removed from the proposed global agreement.
Ireland is moving closer to changing its corporate tax rate.
The country been under pressure to rise our rate from 12.5 to 15 per cent as part of a global tax deal.
It’s understood the phrase ‘at least’ has been removed from the proposed agreement.
John Fitzgerald, adjunct professor in economics from Trinity College, thinks it’s a good deal:
Sinn Fein’s Finance Spokesperson Pearse Doherty is worried it could leave Ireland exposed
🇫🇷 French economy minister says Ireland has 'changed position' on the 12.5% corporate tax rate. https://t.co/c4lgf9Sm7g— Richard Chambers (@newschambers) October 5, 2021
The Taoiseach says changes to the wording of an international agreement on a minimum corporate tax rate is a positive development for Ireland.
Micheal Martin was speaking at an EU leaders summit in Slovenia on Wednesday morning
Labour Leader Alan Kelly says this is the right approach for the country to take on Corporation Tax