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.