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U.S. Treasury says Ireland tax decision puts global minimum tax within reach By Reuters

by Mike Robinson

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WASHINGTON, (Reuters) – The world is now on track for a “generational accomplishment” in the form of a global minimal tax. This will increase U.S. competiveness and competitiveness.

The spokesperson said in a statement that the global minimum tax “would create a more level playing field so jobs and investment can flourish, and produce reliable revenues to fund programs that will benefit working and middle class families.”

According to another Treasury official, Treasury is pleased by Ireland’s decision. The 15% global minimum tax rate was a floor not a ceiling. Countries can set higher rates to meet their individual needs.

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