78. Deputy Richard Boyd Barrett asked the Minister for Finance his plans to ensure that the new 15% minimum global corporate tax rate will be an effective rate given the many reliefs, deductions and allowances which the largest and most profitable corporations avail of to substantially reduce their taxable profit and which results in many of these companies currently paying far less than the 12.5% headline rate on their gross pre-tax trading profits; and if he will make a statement on the matter. [54402/21]

Summary

78. Deputy Richard Boyd Barrett asked the Minister for Finance his plans to ensure that the new 15% minimum global corporate tax rate will be an effective rate given the many reliefs, deductions and allowances which the largest and most profitable corporations avail of to substantially reduce their taxable profit and which results in many of these companies currently paying far less than the 12.5% headline rate on their gross pre-tax trading profits; and if he will make a statement on the matter. [54402/21]

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• Tax Code

  xml · EN · 9 November 2021

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