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France and Germany to Move Ahead with Pillar 2 Global Minimum Tax if EU Agreement Not Reached by Year-End

|Proposed Changes|France-Germany-European Union
France-Germany-European Union

Following the 52nd Franco-German Economic and Financial Council (CEFFA) meeting on 19 October 2022, French Finance Minister Bruno Le Maire reportedly announced that France and Germany have agreed to introduce the Pillar 2 global minimum tax through national legislation if no agreement is reached at the level of the EU before the end of the year. A European Commission proposal for the implementation of Pillar 2 in the EU is supported by all Member States except Hungary, which previously suppor…

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