Ireland unmoved on global tax deal after meeting with US’s Yellen

Ireland’s finance minister Paschal Donohoe maintained his reservation about a global minimum corporate tax rate in a meeting with U.S. Treasury Secretary Janet Yellen on Monday, a spokesperson for Donohoe said.

“It was a good and constructive meeting which is part of an ongoing dialogue on the global corporate tax issue,” the spokesperson said after the meeting.

“Minister Donohoe recalled the Irish position on the matter,” the spokesperson added. Ireland has so far not endorsed the deal because of its opposition to a minimum tax rate of at least 15%. 

Photo: Ireland’s finance minister Paschal Donohoe. EC Audiovisual Service