Ireland 'risks reputational damage' with OECD tax agreement snub

Finance Minister Paschal Donohoe has been accused of risking Ireland's international reputation by holding out for a more favourable global tax reform deal.

Ireland is risking reputational damage by not signing up in agreement to the OECD’s global tax reform proposals and must do more to communicate that it remains part of the international investment community and an attractive place to do business, leading economists have warned.

Ireland was one of only nine countries that refused to sign up to the OECD’s proposals for global corporate tax reform and changes to how multinational companies are taxed.