France’s finance minister, Bruno Le Maire, defended on Sunday that the minimum tax to be applied to companies, agreed by the Group of Seven on Saturday, should be “as high as possible”.
In an interview with Europe 1, Le Maire said the 15% that he agreed was an achievement secured “days and nights” of negotiations, ensuring that he would now try to increase this tax.
He stressed that “the 15% rate is already a commitment. In the coming weeks, we will continue to struggle, especially with Germany, to raise the tax as much as possible.”
But the government official admitted it would be “very difficult” to go beyond what was agreed on Saturday.
The French government supports the introduction of a 21% tax on corporate income, in line with what the President of the United States, Joe Biden, defends.
The Group of Seven finance ministers reached, on Saturday, in London, a “Historic” deal To apply a minimum 15% corporate tax.
British Finance Minister Rishi Sunak declared at the time: “I am pleased to announce that, after years of discussion, the G7 finance ministers have reached a historic agreement on the global tax system.”
At issue is a proposal to apply 15% IRC, ensuring that “the right companies pay the right taxes, in the right places”.
In recognition of the work of his peers, Sunak reiterated that this agreement of “historic importance” makes it possible to adapt the global tax system to the twenty-first century.
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