Welcome

France Sees Tax Deal Near, Pushes for Minimum Rate Above 15%

July 9, 2021, 8:37 AM

French Finance Minister Bruno Le Maire said he is confident the Group of 20 economies will back a deal on international tax, even as his country pushes for a higher minimum corporate rate.

The G-20 meeting in Venice is poised to give its backing to a deal signed by 131 countries for a minimum corporate levy of “at least 15%,” and new rules for dividing up the tax revenues from the world’s largest companies -- particularly U.S. tech giants.

A handful of countries not in the G-20 have refused to back the deal, including Ireland, which has ...

To read the full article log in. To learn more about a subscription click here.