EU Push Crucial to International Tax Deal Finalization, Official Says

The European Union’s adoption of a 15% minimum tax rule revived the so-called Pillar Two of the global tax deal, and the bloc has a “political plan” to do the same with the deal’s Pillar One, a leading EU tax official said Tuesday.

“Before we adopted our directive, Pillar Two was dying,” said Benjamin Angel, director of direct taxation for the European Commission, the EU’s executive, referring to the minimum-tax part of the global tax agreement.

• A similar directive—or EU minimum rule all countries must align with—for Pillar One, under which taxing rights for some of the profits of the ...