Ireland to Back Global Tax Deal If Concerns Met: Minister

Ireland to Back Global Tax Deal If Concerns Met: Minister
Eurogroup President Paschal Donohoe talks to journalists as he arrives for the second day of an EU summit at the European Council building in Brussels, Belgium, on June 25, 2021. Olivier Matthys/Pool via Reuters
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DUBLIN—Ireland will likely sign up to an overhaul of global corporate tax rules if certainty is brought to bear on its concerns when an updated text of the OECD’s proposals is published shortly, Finance Minister Paschal Donohoe said on Thursday.

Ireland, the low-tax European headquarters for a number of the world’s largest multinationals, has so far declined to sign up to an Organisation for Economic Co-operation and Development agreement struck by over 130 of 139 negotiating countries.