Global tax overhaul will not slow Google's investment in Ireland, CEO says


FILE PHOTO: The Google logo is seen on on the company's European headquarters in Dublin, Ireland, February 27, 2021. REUTERS/Clodagh Kilcoyne/File Photo

DUBLIN (Reuters) - A global tax deal will make "no difference" to Alphabet Google's operations in Ireland as the company remains committed to investing and adding staff to its European hub there, Chief Executive Sundar Pichai said on Thursday.

Last year 136 countries agreed the first major overhaul in a generation of the rules for taxing multinationals, with measures to be introduced including a minimum tax rate of 15%, intended to discourage companies from booking profits in low tax countries.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Tech News

Secretive game developer codes hit 'Balatro' in Canadian prairie province
We asked OpenAI’s Santa chatbot for logistics tips. It stressed celebrating small wins
Exclusive-Microsoft works to add non-OpenAI models into 365 Copilot products, sources say
Google's proposed search result changes get thumbs up from EU airlines
Polish e-commerce Allegro's unit sues Alphabet for $568 million
Elon Musk's X lifts price for premium-plus tier to pay creators
US crypto industry eyes possible day-one Trump executive orders
Britannica didn’t just survive. It’s an AI company now
'Who's next?': Misinformation and online threats after US CEO slaying
What is (or was) 'perks culture’?

Others Also Read