'Business end' of global tax shake-up has Ireland in its sights

The Government appears to be drawing closer to formally conceding the tech giants, including Google, Twitter, and Facebook, which have significant bases in Ireland will be taxed by individual governments on the revenues they generate across Europe.

It comes as the Organisation for Economic Cooperation and Development effectively said there was agreement for its "road map" for a global shakeup in the way countries around the world tax the digital giants, saying the accord could be reached by the end of next year - much earlier than many had thought possible.