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France Faces Skeptics Over Quick Implementation of Minimum Tax

Jan. 18, 2022, 12:29 PM

French Finance Minister Bruno Le Maire’s demand that the European Union swiftly adopt new rules for a global minimum tax met with renewed skepticism from some member states at a meeting in Brussels.

France has made progress on new international taxation rules a priority for its presidency of the EU in the first half of this year after a deal between about 140 countries was struck in October at the Organization for Economic Cooperation and Development.

But some European nations have raised concerns about the feasibility of implementing the global accord in 2023, while others are demanding more progress ...