Thursday, 7 October 2021

Ireland tax deal Q&A: why does it matter?

Tech titans came to Ireland for its tax lures – but may now stay despite Dublin’s agreement to raise its rates

Why was Ireland key to a deal on taxing multinationals?

Some of the world’s biggest multinationals have their European headquarters in Ireland, and they have been lured there – in part – by its low corporation tax rate of 12.5%. The global average is 23.85%.

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from World news | The Guardian https://ift.tt/3ajrN96

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