Cliff Taylor: Three reasons why the big global corporate tax deal could still fall apart

Smart Money: Even if the OECD talks fall apart, Ireland still faces the danger of US legislation relating to its companies

There is a strong political wind down to collect more from big companies and close off their opportunities to shift profits and cut tax bills.

There is a strong political wind down to collect more from big companies and close off their opportunities to shift profits and cut tax bills.

Talks on a major shake-up of the global corporate tax regime got a big boost last week when 130 of 139 countries in OECD talks signed up to the outline terms of the deal. Ireland was one of nine countries who did not sign up, though will remain part of the talks. So is a deal on the way ?

Well, maybe and there is a big political push behind this from the US and the big EU countries. The next staging post is a meeting of the G20 countries in Venice this weekend.But the deal is far from done yet. Here are the three hurdles which still have to be jumped and what they mean for Ireland.

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