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No Vote on Global Minimum Tax in ECOFIN Meeting

07 December 2022

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Proposed Changes

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European Union

The Economic and Financial Affairs Council (ECOFIN) held a meeting on 6 December 2022, during which a vote was expected to be held to adopt the proposed directive on ensuring a global minimum level of taxation for multinational groups in the EU (the Pillar 2 global minimum tax). However, the vote was not held, and it is only noted in a release on the meeting that the directive was discussed over breakfast.