Ireland has committed to a global accord which its hopes will boost multinationals’ tax bills. The new agreement sees the country charging multinationals 15 percent on profits. However, around 160, 000 firms will continue to remain on the lower rate if 12.5 percent. Ireland has, for decades, been defending its 12.5 percent rates in the country – saying it is an “ immovable cornerstone ” for the country. Despite these claims, Ireland agreed on Thursday night to join more than 130 nations in the O
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2021-10-08 00:00:00.0