Macron Says It Would Make Sense for Ireland to Join Tax Deal
- OECD-led talks led to preliminary accord on tax revamp
- Ireland has resisted agreeing to deal on a global minimum rate
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French President Emmanuel Macron said it would make sense for Ireland to join a global deal on setting a minimum corporate tax, even as he respects its economic model built on low rates to lure multinational firms.
He spoke on his first visit as head of state to the country, which has so far refused to sign up to a preliminary accord struck in July between more than 130 nations led by the Organisation for Economic Cooperation and Development. The agreement would create a worldwide effective floor of 15% and force firms to pay more in places where they operate.