G7 tax accord is big step towards fairer world - News Summed Up

G7 tax accord is big step towards fairer world


The Irish Times view on G7 tax move Ireland must consider how it will remain attractive for investment VIEW NOWExploiting statusHow big a deal was this? First, that the current international tax system offers huge scope for corporate tax avoidance. And with tax rates falling and tax avoidance flourishing, the result is that tax revenue keeps dropping. Workers have few ways to avoid income taxes, payroll taxes and sales taxes besides actually moving to another country. But this is still a big deal – an important step toward a fairer world.


Source: The Irish Times June 09, 2021 03:56 UTC



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