EU Tax Commissioner Gentiloni and Commission Vice President Dombrovskis speak on business taxation in the EU, in Brussels.
The latest U.S. proposal for a global corporate minimum tax of at least 15%, rather Than 21% as suggested before, is a step towards reaching a deal at the G20 financial leaders level, European Economics Commissioner Paolo Gentiloni said.
“It would be a step further on the way to reach an agreement,” Gentiloni told a news conference after a meeting of euro zone finance ministers in Lisbon.
“And I deem it quite possible to reach … an agreement in principle at the G20 Level. Then this agreement in principle should be translated into details and a lot of work to be done at the OECD level. So my view is a positive one,” he said.
Press Release from Carey Olsen, Friday 1 August, 2025. Leading offshore law firm Carey Olsen has again been shortlisted for Offshore Law Firm of the Year at Law.com International’s The Asia Legal
The House on Thursday narrowly passed a sweeping bill to extend tax cuts and slash social safety net programs, capping Republicans’ chaotic monthslong slog to overcome deep rifts within their party
Germany still supports an agreement to impose a 15-percent global minimum tax on multinational companies’ profits despite an exemption agreed for US multinationals, Finance Minister Lars Klingbeil
US lending giants Fannie Mae and Freddie Mac have been instructed to prepare their businesses to consider cryptocurrency as an asset in mortgage applications. Two of the largest government-backed mortgage