25th January 2021
The Department of Finance recently published an update to Ireland’s Corporation Tax Roadmap. The update reaffirms Ireland’s commitment to a multilateral approach via the OECD/G20 Inclusive Framework to address the tax challenges posed by the digitalisation of the economy. It also contains a welcome recognition that a multilateral approach will require compromises and trade-offs. A minimum effective corporate tax rate must be a policy instrument for consideration in light of the ever-changing global context and our commitment to the OECD/G20 Inclusive Framework.