Stock Groups

OECD global tax deal drops ‘at least’ from new minimum rate

by Mike Robinson

[ad_1]


DUBLIN (Reuters).- The revised draft of Organisation for Economic Co-operation and Development’s overhaul of corporate tax rules worldwide has removed “at minimum” from a suggested minimum rate “at least 15%”, Irish broadcaster RTE stated on Tuesday.

Ireland was one of the few remaining countries to not sign up for the deal. It had resisted the proposal rate and the phrase “at most”, saying that it would weaken the company’s long-standing 12.5% rate.

In the days leading up to Friday’s OECD meeting, a revised draft agreement was sent to all negotiating countries.

Disclaimer Fusion MediaWe remind you that this site does not contain accurate or real-time data. CFDs are stocks, indexes or futures. The prices of Forex and CFDs are not supplied by exchanges. They are instead provided by market makers. As such, the prices might not reflect market values and could be incorrect. Fusion Media is not responsible for trading losses that may be incurred as a consequence of the use of this data.

Fusion MediaFusion Media and anyone associated with it will not assume any responsibility for losses or damages arising from the use of this information. This includes data including charts and buy/sell signal signals. Trading the financial markets is one of most risky investment options. Please make sure you are fully aware about the costs and risks involved.



[ad_2]