European Council Published Draft Compromise Text on Global Minimum Tax Including Delay for Member States with Few In-Scope Groups
The Council of the European Union has published a compromise text of the Draft Council Directive on ensuring a global minimum level of taxation for multinational groups in the Union, which is dated 12 March 2022. The initial draft Directive was proposed on 22 December 2021 for the implementation of the 15% global minimum tax agreed to as part of the OECD's two-pillar solution for international…
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