US: U.S. new proposal for global corporate tax level a step to a deal at G20 -EU

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.

4 April 2025

UK: UK Launches World-First Nature Finance Standard to Guide Green Investment

The UK has introduced the world’s first government-backed Nature Finance Standard, aimed at increasing integrity, transparency, and investor confidence in environmental restoration projects. Released

Read More
1 November 2024

GREECE: Greek Finance Chief Says Tax Evasion Collections Will Reduce Taxes

Digitization and stepped-up checks of tax returns is bringing more money into Greece’s state coffers and some of that will be used to reduce taxes, Finance Minister Kostis Hatzidakis. He told the

Read More
19 February 2024

ASIA: Asia’s family offices increase focus on digital assets amid growing market interest

According to a Feb. 19 article from Nikkei Asia, Zann Kwan, the managing partner and chief investment officer at Revo Digital Family Office, has highlighted a growing trend among family offices in crypto.

Read More
26 June 2025

UK: Rich and tax evaders are keeping £46bn a year due to HMRC failures

The UK’s tax gap has widened according to latest figures from HM Revenue & Customs (HMRC). New data from HMRC shows that the UK missed out on £46.8bn of tax liabilities in the 2023-2024 financial

Read More