New global tax regime won’t push Big Tech companies out of Ireland

Source: Tech – South China Morning PostBig Tech companies and other industries that have bunkered down in Europe’s tax havens are unlikely to shift their bases under the proposed global minimum tax regime, as markets like Ireland still offer more corporate perks than wealthier neighbours.While the 15 per cent tax rate proposed by the Group of Seven rich nations is higher than Ireland’s current 12.5 per cent levy for businesses, it is still below the 20 per cent or more companies would face in countries like the United States or…Read More

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