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Ireland Doesn’t Commit to Backing OECD Deal on Minimum Taxes

Sept. 20, 2021, 8:46 PM

Ireland’s Finance Minister left open the possibility that the country might not back a minimum corporate tax rate that OECD members agreed on in July as part of a deal to overhaul the global tax system.

Paschal Donohoe, Ireland’s Finance Minister, told the European Commissioner for Economy Paolo Gentiloni on Monday during a press conference that his country was working “very hard” to see if an agreement was possible, but didn’t commit to backing the global deal.

The European Commission is focusing its efforts to bring into the fold Ireland and several other member states to agree on ...

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