Ireland's Department of Finance has announced that Minister for Finance, Paschal Donohoe, received Government approval on 7 October 2021 to join the international agreement to reform the international tax rules to address the challenges arising from the digitalisation of the global economy. According to Minister Donohoe, the agreement to be discussed at the OECD's Inclusive Framework on 8 October has been updated to provide additional clarity, which prevented Ireland from joining the consensus in July. The proposed minimum effective tax rate of "at least 15%", which was an open issue, has been set to a precise rate of 15%. It...