Corporate Tax

The Federal Finance Minister is assured that the EU will agree on a corporate tax reform

BERLIN, July 9 (Reuters) – The German finance minister is optimistic that the member states of the European Union will agree on a planned minimum corporation tax.

The plans for new rules on where and how much companies are taxed were supported by 130 countries at the Paris Organization for Economic Cooperation and Development last week.

The EU member states Ireland, Estonia and Hungary are among the countries that have not signed the agreement.

“I am convinced that in the end we will come to a joint decision in the EU,” Olaf Scholz told the radio station DLF before he went to a meeting of G20 finance ministers and central bankers in Venice. (Reporting by Kirsti Knolle)

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