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.
The German financial centre beat off competition from eight others as the EU puts the final touches to dirty-money reforms. Frankfurt has won the race to host the EU’s prestigious new anti-money laundering
The United Arab Emirates and Bahrain expect to be removed from the European Union’s tax-haven blacklist after taking steps to block tax avoidance by companies, the governments of the two countries
For those seeking golden visas, European countries are the most popular destinations.Affluent Americans are exploring golden visa programmes that allow foreign citizenship or residency through substantial
Developing countries like India need a lot more support from richer countries to help them invest in sustainable technology and adapt to climate change, according to a deputy governor of the Reserve