Fintan O’Toole: Government seems determined to show world that Ireland is a rogue state

Government is defending the indefensible on corporation tax by placing State in company of tax havens and rogue state

Did Paschal and Leo dream, when they were nerdy kids, of hanging out with the bad boys of international finance? Photograph: EPA

Did Paschal and Leo dream, when they were nerdy kids, of hanging out with the bad boys of international finance? Photograph: EPA

You’ve heard of virtue signalling. But have you heard of the Irish variant: vice signalling? The Government seems determined to show the world that Ireland is a rogue state.

Last Thursday, 130 countries signed up to the Organisation for Economic Co-operation and Development’s (OECD) plan to limit tax dodging by multinational corporations, including a global minimum corporation tax rate of 15 per cent. It is a modest reform: the Biden administration wanted to impose a minimum global tax of 21 per cent on US companies.

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