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20 Feb 23
The global agreement on minimum corporation tax rates is unlikely to raise large sums of money for low-income countries, and more work is needed to fix tax systems, the International Monetary Fund...
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24 Nov 22
Work to strengthen the international tax system will begin at the United Nations after a group of African countries put forward a resolution they hope will give developing countries a bigger say in...
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18 Nov 22
An overreliance on unsustainable corporation tax receipts could pose problems for Ireland in the future, and the country should look at raising other revenues, the national spending watchdog has said...
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12 Jul 22
Officials at the OECD have set a deadline of this time next year for global agreement on one part of its landmark tax reforms, agreed in principle by the vast majority of the world’s countries last...
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20 Jun 22
The Hungarian finance minister has vetoed the European Union’s adoption of a 15% effective minimum corporation tax rate, representing the latest setback to the implementation of the already-delayed...
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26 May 22
The head of the OECD has admitted progress on the organisation’s much-vaunted global tax shake-up has fallen behind, and will not now be implemented until at least 2024.
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9 May 22
Donald Trump’s $2trn package of tax cuts failed to deliver the promised increased investment in the US economy, a paper from the International Monetary Fund has found.
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6 Dec 21
The level of financial support for businesses and households through Covid-19 reduced the impact of lost tax income compared with the 2008 financial crisis, according to the OECD.
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12 Nov 21
The recent international corporation tax agreement was a missed opportunity to fund the climate transition, according to an advocacy group.
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8 Nov 21
Ireland collected more than 35% more tax than it expected to in October, but ministers have sought to dampen any expectations of a spending splurge.
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1 Nov 21
Leaders of the 20 largest economies have endorsed a global deal that will see large multinational companies taxed at least 15%.
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22 Oct 21
Five European countries no longer face the threat of US tariffs in retaliation to their digital services taxes, with the Joe Biden administration backing down after global tax reforms were agreed...
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11 Oct 21
Multinational companies will be subject to a tax of at least 15% on their profits from 2023 after major reforms of the international tax system were finalised by 136 countries.
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8 Oct 21
Ireland has dropped its opposition to global tax reforms and agreed to join an international framework on a minimum global corporation tax rate.
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22 Sep 21
Irish leaders have spoken less harshly than usual about a planned global shake-up of corporation tax, which would see them raising the rate on the many large multinational companies with headquarters...
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13 Sep 21
US Democrats are looking to raise the country’s corporation tax rate to 26.5% to fund president Joe Biden’s spending plans.
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16 Aug 21
Ireland’s economy has better weathered shocks than expected, according to rating agency Moody’s, as it raised its outlook for the country's rating from stable to positive.
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14 Jul 21
Estonia is holding back its support for the OECD-led worldwide shake-up of corporation tax despite hosting no companies that would be affected.
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2 Jul 21
International reforms of corporation tax could have “serious implications” for Ireland’s public finances, a report from the country’s central bank has warned.
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2 Jun 21
The European Union will force large multinational companies to publish their profit and tax information, but campaigners have warned the move is not sufficient to fully clamp down on corporate tax...
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21 May 21
Joe Biden’s administration has climbed down from its proposed 21% minimum tax rate for multinational companies, suggesting it could accept a compromise as low as 15%.
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20 May 21
The European Commission has unveiled plans to reduce corporate tax competition between EU countries with a single rulebook for the whole bloc, but could face opposition from certain member states.
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30 Apr 21
A decade of austerity means a new era of higher taxes could loom for some governments picking up the pieces after Covid-19.
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22 Apr 21
Joe Biden’s suggested global minimum corporation tax rate would be unfair on small nations such as Ireland, the country’s finance minister has said.
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7 Apr 21
A worldwide agreement on taxing multinational companies appears closer after the US signalled its support for a minimum global rate of corporation tax, European finance ministers have said.