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France wants minimum corporate tax at world level: Le Maire

Europe Materials 24 January 2019 14:13 (UTC +04:00)
France wants to push during its presidency of the Group of Seven (G7) for a global taxation system including a minimum corporate tax at world level, Finance Minister Bruno Le Maire said on Thursday
France wants minimum corporate tax at world level: Le Maire

France wants to push during its presidency of the Group of Seven (G7) for a global taxation system including a minimum corporate tax at world level, Finance Minister Bruno Le Maire said on Thursday, Trend reports referring to Reuters.

Le Maire told the World Economic Forum in Davos this was needed to address imbalances among the taxes paid by big and small companies.

He said he had discussed the idea with the United States.

“There is a common understanding among all G7 members that we need a new taxation system,” he said.

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