US Edition8 Articles
8 Articles
With a minimum tax for corporations, around 140 states wanted to ensure more justice. Under President Trump, the US no longer has any interest in this. Chancellor Merz, too, now says that the concept has no future.
After taking office, US President Trump declared the global minimum tax in his country to be ineffective. Chancellor Merz wants to follow the example and put pressure on the EU to suspend it.
German business representatives and economic policymakers in the German federal government have criticized the EU's plans for a new corporate tax. "A Europe-wide corporate levy would be the exact opposite of what is right and wise," Gitta Connemann, chairwoman of the Mittelstand and Economic Union (MIT), told the news magazine Politico. The Commission must not lose sight of its compass for competitiveness. "In this pressured situation, the Commi…
The tax applies to multinational companies with annual revenues of over 750 million euros, regardless of where they generate profits.
Coverage Details
Bias Distribution
- 50% of the sources lean Left, 50% of the sources lean Right
To view factuality data please Upgrade to Premium
