Stock Groups

hoping Friday’s corporate tax talks will be conclusive By Reuters

by Mike Robinson

[ad_1]

© Reuters. FILEPHOTO: Bruno Le Maire (French Economy and Finance Minister) attends a conference to announce the French budget 2022 at Bercy Finance Ministry Paris, France. September 22, 2021. REUTERS/Gonzalo Fuentes

PARIS (Reuters), – Bruno Le Maire, French Finance Minister, said he hoped that talks on Friday about global corporate taxes would result in a conclusion. He also stated that everyone involved needed to reach a compromise.

Le Maire spoke at Wednesday’s OECD.

Sources familiar with the negotiations told Reuters that an updated version of a corporate tax overhaul proposal has been dropped from a minimum rate of 15%. This could be a significant hurdle to clear for Ireland in final stages of negotiation.

A total of 140 countries are expected to agree on the final major reform of the tax system for multi-nationals. The deal will be approved by the Group of 20 Economic Powers later in this month.

Disclaimer Fusion MediaThis website does not provide accurate and current data. CFDs include stocks, indexes and futures. Prices are provided not by the exchanges. Market makers provide them. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media is not responsible for trading losses that may be incurred as a consequence of the use of this data.

Fusion MediaFusion Media and anyone associated with it will not assume any responsibility for losses or damages arising from the use of this website’s data including quotes, charts, or buy/sell signal information. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.



[ad_2]