OECD chief 'quietly optimistic' about EU global minimum tax deal approval

Summary by Ground News

OECD Secretary-General Mathias Cormann was speaking as a panelist at World Economic Forum in Davos, Switzerland. Cormann said he was quietly optimistic a landmark deal to establish a global minimum tax will be approved by European Union members. U.S. approval, meanwhile, has been stalled in Congress.

1 month ago

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Reuters

OECD chief 'quietly optimistic' about EU global minimum tax deal approval

By Dan Burns DAVOS, Switzerland - The head of the Organisation for Economic Cooperation and Development (OECD) on Tuesday said he was "quietly optimistic" a landmark deal to establish a global minimum tax will be approved by European Union members but implementation may not occur until 2024. OECD Secretary General Mathias Cormann also told a panel at the World Economic Forum in Davos,

1 month ago·United Kingdom

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IBTimes

OECD Chief 'Quietly Optimistic' About EU Global Minimum Tax Deal Approval

The head of the Organisation for Economic Cooperation and Development (OECD) on Tuesday said he was "quietly optimistic" a landmark deal to establish a global minimum tax will be approved by European Union members but implementation may not occur until 2024. OECD Secretary General Mathias Cormann also told a panel at the World Economic Forum in Davos, Switzerland, that it was "manifestly" in the interest of the United States to join the deal str…

1 month ago·United States

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The Globe & Mail

OECD chief ‘quietly optimistic’ about EU global minimum tax deal approval

OECD Secretary-General Mathias Cormann said he is “quietly optimistic” the European Commission will be presenting the directive to implement a global minimum tax deal

1 month ago·Canada

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