EU’s Commitment to Global Tax Reform
In a statement by French President Emmanuel Macron, the European Union (EU) has pledged to draft documents outlining the enforcement of a global minimum corporate tax agreement, expected to be completed by spring 2022.
European Council’s New Leadership
As of January 1, France assumes the presidency of the European Council, marking the beginning of its term in the rotating leadership role.
Timely Implementation for Global Tax Accord
President Macron’s announcement signals the EU’s dedication to promptly translating the international agreement on corporate tax into actionable policies, with documents anticipated by spring 2022.
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