Ireland 'committed to global tax reform', despite not signing up to OECD proposals

Irish finance minister expresses his reservations about minimum rate as 130 countries endorse corporation tax plan

Finance minister Paschal Donohoe said that Ireland will engage to deliver sustainable tax rules that meet the needs of all countries large and small.

Finance minister Paschal Donohoe has said Ireland remains “committed” to reaching an agreement on new global tax rules despite being one of only nine OECD countries, out of 139, not to sign up to an agreement on a global minimum tax rate.

A significant majority of OECD countries have agreed to the organisation’s tax reform plans.