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Claritax News

EU Commission agrees minimum 15% tax rate for large multinationals

14 Dec 2022

The EU Commission has reached a unanimous agreement that will ensure a minimum 15% effective tax rate. This is in accordance with a broader agreement reached by 137 countries across the world.

The minimum rate will apply to “multinational enterprise groups and large-scale domestic groups in the EU, with combined financial revenues of more than €750 million a year”, and will be implemented by each Member State no later than 31 December 2023.

https://ec.europa.eu/commission/presscorner/detail/en/IP_22_7674

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