Germany’s Scholz: Global corporate minimum tax rate of 15% is very realistic
“Global corporate minimum tax rate of 15% is very realistic,” Germany’s Finance Minister Olaf Scholz said in a statement on Friday.
Additional quotes
“Expect to have minimum global corporate tax rate in summer.”
“Suggestion of global minimum corporate tax rate of 15% is big progress.”
“Global corporate minimum tax rate of 15% is very realistic.”
Separately, French Finance Minister Bruno Le Maire said that the latest US proposal on global minimum taxation could be a basis for compromise.
He added that “we need an agreement on global tax reform at beginning of July.”
Market reaction
EUR/USD was last seen trading at 1.2220, bouncing off daily lows of 1.2210 on upbeat Eurozone PMIs.
Author
Dhwani Mehta
FXStreet
Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.
