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Ireland Wants OECD Deal to Accommodate 12.5% Corporate Tax Rate

June 1, 2021, 1:05 PM

Any international agreement on how companies are taxed must allow for Ireland’s long-standing corporate tax rate, the Irish government said.

Ireland will “work towards” a deal at the Organization for Economic Co-operation and Development that “accommodates” the country’s “long standing 12.5% corporation tax rate, which is fair and within the ambit of healthy tax competition,” the government said in an economic stimulus plan published Tuesday. “An agreement at the OECD will bring stability to the international tax framework,” it added.

Ireland has staunchly defended how it taxes some of the world’s biggest companies, even in the face of criticism from ...

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