Economics
Ireland to Defend Legitimate Tax Competition, Donohoe Says
- Country’s revenue to be hit if 15% corporate rate is adopted
- Deal must meet needs of both small and big countries: Donohoe
Rishi Sunak, U.K. Chancellor of the Exchequer, left, with Paschal Donohoe at the Group of Seven Finance Ministers summit in London, on June 5.
Photographer: Hollie Adams/BloombergThis article is for subscribers only.
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Ireland will make the case for the role of legitimate tax competition, Irish Finance Minister Paschal Donohoe said after the Group of Seven advanced economies agreed on a minimum global corporate tax rate of at least 15%.