53. Deputy Pearse Doherty asked the Minister for Finance the details of the agreement reached by the G7 and outlined in its communiqué published on 5 June 2021 regarding international tax reform in particular, the reallocation of profits and taxing rights for multinationals with profits margins above 10 %; the way it will operate if implemented; the multinationals that will be included and excluded; the OECD members that will benefit most in terms of revenue raised as a percentage of their GDP; the OECD members that will benefit least; the impact of the agreement on the State in terms of revenue and its inward investment offering; and if he will make a statement on the matter. [31855/21]

Summary

53. Deputy Pearse Doherty asked the Minister for Finance the details of the agreement reached by the G7 and outlined in its communiqué published on 5 June 2021 regarding international tax reform in particular, the reallocation of profits and taxing rights for multinationals with profits margins above 10 %; the way it will operate if implemented; the multinationals that will be included and excluded; the OECD members that will benefit most in terms of revenue raised as a percentage of their GDP; the OECD members that will benefit least; the impact of the agreement on the State in terms of revenue and its inward investment offering; and if he will make a statement on the matter. [31855/21]

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• International Agreements

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