Ireland’s finance chief is still optimistic on a digital tax deal despite US backlash
The United States shocked European nations earlier this month when it pulled out of international negotiations over such a tax.
The United States has been a fierce opponent of plans to make digital giants pay more in taxes, as the majority of these firms are American. It is the White House’s view that digital taxes are unfair toward U.S. companies.
But Paschal Donohoe, the Irish minister of finance, told CNBC Wednesday: “I am actually optimistic about our ability to make progress on this inside the OECD.”
