Ireland confident G7 tax deal won't dent multinational investment

  • 8 months   ago
Ireland confident G7 tax deal won't dent multinational investment

Ireland's finance minister said he remained confident the country's low-tax economy would continue to attract multinational investment and jobs even as an overhaul of global corporation tax rules moved a major step closer on Saturday.

The United States, Britain and other leading nations agreed to back a minimum global rate of at least 15% and for firms to pay more tax in the markets where they sell goods and services rather than in countries like Ireland where they book profits.

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