Ireland is battling to keep its 12.5% corporate tax rate, even as most of its traditional allies seek to set a global minimum rate of at least 15%. Minister for Finance Minister Paschal Donohoe has opened the issue up for public feedback after opting to join six other countries - among 139 involved in talks - holding out against an overhaul of the international tax system. How long has Ireland had a 12.5% rate? Why won’t Ireland move? For now, the only certainty is that Ireland won’t move anytime soon.

Source: Irish Examiner July 25, 2021 11:37 UTC