What a week. Between Monday and Tuesday, Ireland confirmed that 2025 was yet another record year for the amount of corporation tax overwhelmingly collected from US multinationals, and 147 nations signed up to a “side-by-side agreement” ensuring that this would continue for the rest of this decade. Tánaiste and Minister for Finance Simon Harris, along with US Secretary of the Treasury Scott Bessent, was one of the rare government representatives among OECD member states to publicly welcome the amendment to the global minimum tax deal brokered by the organisation. By contrast, German Chancellor Friedrich Merz had warned during negotiations last…
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