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EU Deal on Minimum Tax Possible in June, France’s Le Maire Says

May 24, 2022, 8:05 AM

French Finance Minister Bruno Le Maire said an agreement on implementing a global minimum corporate tax in Europe is possible by the end of June despite Poland repeatedly blocking a deal.

Le Maire has set the target of getting the necessary unanimous backing for a directive on the matter during France’s presidency of the European Union.

But France removed the topic from the official agenda of a meeting of finance ministers in Brussels on Tuesday with little progress in convincing Poland to sign up. That’s despite US Treasury Secretary Janet Yellen’s efforts to sway Warsaw in a visit last ...