Bloomberg Tax
April 4, 2022, 7:11 PM

EU Lawmakers Urge European Implementation of Global Minimum Tax

Michael Rapoport
Michael Rapoport
Senior Reporter, Bloomberg Tax

European lawmakers urged EU implementation of a global minimum tax Monday, ahead of a meeting Tuesday in which EU finance ministers will discuss giving the tax a green light.

The 15% minimum tax will end detrimental tax competition between countries and ensure that multinational companies pay what they should be paying in taxes, Frans Timmermans, vice president of the European Commission, told the EU Parliament.

Several of the European Union’s lawmakers agreed. “Let’s send a positive signal to multinationals tomorrow. Make multinationals pay their fair share,” said one member, Claude Gruffat of France.

Rasmus Andresen, a German member, ...

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