Global talks to reshape the corporate tax landscape are set to resume on Friday after Ireland’s decision to adhere to the world consensus on a minimum rate removed one hurdle to an agreement that still hangs in the balance.
The Irish shift is one of several needed from among the 140 countries negotiating a wide-ranging deal in talks hosted by the Organization for Economic Cooperation and Development.
Some nations are seeking so called carve-outs to partially exempt certain activities from a minimum tax rate of 15%, while others are haggling over a separate part of the accord concerning where ...