Corporation tax analysis: ‘Government swims against tax tide, with fewer allies’

THE Government is digging in its heels after Ireland’s low-tax regime was dealt its first major blow this week.

preliminary global deal would reallocate multinational profits to all the countries in which they operate, which Ireland supports, and tax the largest firms at a 15pc minimum rate, which it doesn’t.

But Ireland is digging in against all of our most important diplomatic allies; including US President Joe Biden and the mainstream of EU member states.

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