Ireland doesn’t want to increase 12.5% tax paid by Apple, Google, and others

Technology

The 12.5% corporate tax paid by Apple, Google, Microsoft, and other companies to Ireland would have to end under a global tax plan orchestrated by the Biden administration – and the Irish government isn’t happy about it.

The G7 nations and the European Union reached agreement in principle that all member countries would impose a minimum corporate tax of 15%. Ireland had previously expressed concern about this, and now says it thinks the rate should be “negotiable” …

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