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26 May 2022

POLITICO: France eyes minimum tax deal in June


French hopes are bolstered by the Commission’s impending approval of the Polish recovery plan under the EU’s pandemic rescue fund, set for next week.

The EU will reach consensus on a minimum corporate tax rate in June because Poland, the last hold-out, will abandon its opposition, French Economy Minister Bruno Le Maire predicted Tuesday.

"Everyone knows the issues [and] I am convinced that these could be removed on the 17th of June," Le Maire said, referring to the date of the next meeting of EU finance ministers — the last one chaired by the French presidency of the EU.

French hopes are bolstered by the Commission's impending approval of the Polish recovery plan under the EU's pandemic rescue fund, set for next week.

"I think it is feasible that we will be finalizing this work even in the next days or week," said Commission Vice President Valdis Dombrovskis.

That green light will give Warsaw access to €36 billion in loans and grants if it proves it has complied with its reforms and investment commitments....

more at POLITICO



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