Poland’s change of heart comes after its government settled a rule-of-law dispute with the Commission.
Poland is set to lift its veto on the EU’s plans to implement a global
corporate tax rate of 15 percent for multinational companies, three
officials told POLITICO Wednesday.
Warsaw’s support should give the EU the unanimous support it needs to
pass that tax initiative, which G20 leaders rubberstamped last fall
together alongside a levy for the world’s 100 biggest companies.
Polish Finance Minister Magdalena Rzeczkowska is expected to sign off
on the deal Friday when she and her peers meet for this month’s Ecofin
meeting in Luxembourg. Although there are some concerns that Hungary
could upset the celebrations.
Poland’s change of heart comes after its government settled a rule-of-law dispute with the European Commission that had left the country cut off from its share of the EU’s €800 billion recovery fund.
Rzeczkowska has dismissed accusations
that she was holding the tax rate hostage over the dispute, saying that
Poland instead wanted legal assurances that the global levy would
follow the minimum tax rate.
It’s unclear whether EU countries have provided more assurances
beyond a declaration of intent to implement both initiatives, which
Poland had previously deemed insufficient. Hungary has privately raised
similar concerns in recent days, the officials said, putting Brussels on
edge.
POLITICO
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