As the G20 Finance begins in Venice, the Minister of the Economy, Bruno Le Maire, has promised to “fight” for the minimum tax rate on multinationals to be higher than 15%.
France will “fight” to obtain at the G20 meeting in Venice that the future world tax on multinationals is higher than 15%, declared the French Minister of Economy and Finance Bruno Le Maire this Friday morning on his arrival. “France will fight for this agreement to be concluded at the G20 in Venice. France will also fight with great force so that the minimum tax rate is higher than 15%,” he said.
“This is the position that I will defend today at the G20”, hammered the tenant of Bercy. “We have the possibility that these states, which represent 85% of the world’s wealth, agree on an agreement on international taxation for the 21st century that allows fair taxing of the digital giants who largely evade tax. , which no one can accept, “he explained.
“Other nations are already struggling with this rate”
The G20 Finances opened with at the top of the agenda the reform of the taxation of multinationals, which aims to put an end to tax havens and tax dumping by notably establishing a world tax of at least 15% on profits.
Several countries, including France, the United States and Germany, are in favor of a rate above 15% but they have few illusions. “You have to be realistic, other nations are already struggling with this rate” so a priori it should remain unchanged, said a German government official.