EU to Consider Changing Its Minimum Tax Law to Quell US Tensions

The European Union next week will consider potential changes to its 15% minimum corporate tax law in a bid to ease tensions with the US.

In a meeting on Tuesday, officials will discuss several policy options that could significantly change the way the EU applies the law, according to a note circulated by Poland and seen by Bloomberg. They’re aiming to appease the Trump administration, which doesn’t want US companies subjected to the minimum tax law.

The note, dated April 24, proposes options that include changing how US tax credits are treated to ensure that US companies are not subject ...