On 1 July 2021, the OECD Inclusive Framework reached agreement but not unanimous consensus on key aspects of the two-pillar solution to address tax challenges arising from digitalisation and globalisation.
Ireland has been clear in expressing our broad support for the agreement but have expressed our reservation in particular about the proposed global minimum effective tax rate of ‘at least 15%’.
Given the importance of the OECD proposals, it is timely to invite views through a public consultation on the OECD proposals. The consultation will be helpful in identifying the challenges and opportunities of the proposals in respect of Ireland’s corporate tax code and broader industrial policy.
The consultation period will run from 20 July 2021 to 10 September 2021.
Any submissions received after this date may not be considered.
Please include contact details if you are responding by post.
When responding, please indicate whether you are contributing to the consultation process as a professional tax adviser, representative body, business representative, in an individual capacity or as non-governmental organisation.