Ireland’s Donohoe Says Global Tax Deal ‘More Likely Than Ever’

Ireland’s Finance Minister Paschal Donohoe predicted that world leaders will agree on a global tax accord that includes a minimum corporate rate, signaling that his country, a holdout for now, may accept an eventual compromise.

“It is more likely than ever” that a deal will be struck, Donohoe told the Aspen Security Forum on Wednesday. He added that “we do have some work and some engagement to do” and that it’s somewhat less likely that a plan will actually be implemented.

The U.S. is among more than 130 countries that have agreed in principle to an overhaul of global taxation ...