Link: https://www.rt.com/business/526945-ireland-compromise-biden-tax-push/
G7 finance ministers’ agree to minimum corporate tax rate of 15% worldwide.. Ireland's corporate tax rate of 12.5% one of the lowest in Europe.. Plan will make it more difficult for corporations to set up operations abroad, where tax rates are often dramatically lower. The US, charges a flat corporate tax rate of 21%, Biden has proposed hiking to 28%.