DUBLIN: The new global template for taxing multinationals could lead to more corporation tax being collected by Ireland, according to the head of the team behind the new plan.
Pascal Saint-Amans, director of the Centre for Tax Policy and Administration at the Organisation for Economic Co-operation and Development, was speaking as the OECD said that up to $240 billion (€213 billion) is being lost annually to exchequers around the world because of aggressive tax planning by multinationals.
The final report of the OECD’s Base Erosion and Profit Shifting (Beps) project has been published in Paris and looks set to be approved by the G20 heads of state later this year.
