EU to combat taxation ‘race to the bottom’ with 15% rate for big companies

Officials confident draft law will secure unanimity, despite concerns from Hungary and Estonia

Paolo Gentiloni, European commissioner for the economy, said that the law would introduce ‘a ceiling, a limit, to the race to the bottom’.Paolo Gentiloni, European commissioner for the economy, said that the law would introduce ‘a ceiling, a limit, to the race to the bottom’.Last modified on Wed 22 Dec 2021 18.39 GMT

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