France Le Maire confident of EU unanimity on global corporate tax by June 17

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Finance Minister Bruno le Maire arrives before a meeting with French President Emmanuel Macron and Indian Prime Minister Narendra Modi at the Elysee Palace in Paris, France May 4, 2022. REUTERS/Gonzalo Fuentes

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BRUSSELS, May 24 (Reuters) – The 27 members of the European Union are expected to reach a unanimous agreement on a global minimum corporate tax by June 17, France’s finance minister said on Tuesday. Finance, Bruno Le Maire, adding that Poland would eventually be conquered. .

“I am convinced that this draft minimum tax rate will be adopted unanimously on June 17, that is the objective,” he told journalists before an Economic and Financial Affairs Council in Brussels.

Poland is alone in resisting the European Union’s minimum tax implementation plan after vetoing a compromise in April to kick off the 137-nation deal reached last October to end a competitive downward spiral of corporate tax rates.

Poland’s acceptance is essential for the agreement to continue. Read more

June 17 is the date set for the next Economic and Financial Affairs Council (Ecofin).

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Reporting by Benoit Van Overstraeten; Editing by Bart Meiijer

Our standards: The Thomson Reuters Trust Principles.

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