EU to combat taxation “race to the bottom” with 15% rate for corporations - short news
Officials confident draft law will secure unanimity, despite concerns from Hungary and Estonia
The EU has taken a first step in setting a 15% minimum corporate tax for multinationals, in line with a global agreement struck earlier this year, as the White House has hit a hurdle in its efforts to turn the pact into law.
Announcing the launch of a new EU tax directive, Paolo Gentiloni, commissioner for the economy, said he expected the 27 member states to agree on the fine details..
source: The Guardian - 22.12.2021