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Image header Agence Europe
Europe Daily Bulletin No. 12960
Contents Publication in full By article 24 / 29
NEWS BRIEFS / Taxation

Paul Tang notes differences with Congress on OECD agreement on minimum taxation of multinationals

25/05/2022 (Agence Europe)Seven MEPs from the Subcommittee on Tax Matters (FISC) were in Washington from Monday 23 to Wednesday 25 May, where they met with US legislators, NGOs, businesses and international organisations. The European Parliament delegation discussed with them the OECD agreement on minimum taxation of multinationals (see EUROPE 12959/10) and the end of banking secrecy (see EUROPE 12921/23). The chair of the FISC subcommittee, Paul Tang (S&D, Netherlands), noted “different views” with Congress “on the possible implementation of Pillar One” of the OECD agreement, in a statement. “The delegation has made clear that if Pillar One is off the table, digital services taxes are back on the table. Our meetings with big tech companies clearly showed that they dread this scenario”, he added. (AD)

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