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Ireland s low-tax economy can survive OECD reform: experts Issued on: 03/07/2021 - 04:26 Ireland s low corporate tax rate has attracted multinational companies that want a base in the European Union Paul FAITH AFP/File 4 min London (AFP) Far-reaching global tax reforms are reaching fruition and on the face of it, Ireland has most to lose after the small European economy threw open its doors to US multinationals. On Thursday, 130 countries endorsed an outline agreement by the Organisation for Economic Co-operation and Development (OECD), which groups 38 wealthy nations, to level up global corporation tax. Pillar one would re-allocate tax jurisdiction from where multinationals are headquartered to where they make profits, while the second pillar would establish a global minimum rate of 15 percent.

United statesUnited kingdomCity ofCayman islandsPaschal donohoeEmer mulliganLucie gadenneJohn fitzgeraldJoe bidenOrganisation for economicJe cairnes school of businessTrinity college dublinBritain university of warwickNational university of irelandUs congressEconomic cooperation