Pay decision will come as relief to UK businesses after period of rapid increases
Organisation For Economic Co-Operation And Development (OECD)
US president has indicated a desire to see the US minimum rate increased from 15% to 21%, as part of a revenue-raising package to soak big companies
G20 finance ministers to discuss how to save reforms to way multinationals are taxed where they do business
Organisation says external factors helping push inflation lower are dissipating
OECD estimates ‘investment hubs’ could see corporate tax revenues rising by up to 34% from new tax rate of at least 15% on multinational profits
After years of OECD talks, ‘critical mass’ of nations to apply at least 15% rate from January
An increasingly mature multinational sector, our reliance on a few big companies and changes in global tax rules will all affect future tax revenues
Biggest concern for the year ahead appears to centre on whether ECB has gone too far with rate rises
A feature likely to continue is countries and economic blocs outbidding one another with large subsidies for investments in areas like chip manufacturing and renewable energy
Gutenberg’s printing press transformed the world and those who were better educated to begin with enjoyed the greatest benefits; AI’s transformative power is far greater
Remarks were made in response to new figures showing State’s unusually high level of tax revenues
The old story of the Republic’s two-tier economy is alive and well
Top-ranking countries include Slovenia and Poland, those at the bottom include UK and France
Results from OECD-run tests are encouraging for Ireland, but Asian countries are streaking ahead in maths and science
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