The French and German Finance Ministers welcomed the US Treasury’s support for a 15% global minimum corporate tax in Lisbon on Friday 21 May.
The latest US proposal could be “a good compromise” in the Organisation for Economic Co-operation and Development (OECD) negotiations, but “the key issue is to have a compromise on the two pillars” of international tax reform - digital taxation and minimum taxation - in order to reach agreement on a “global framework” at the G20 summit...