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German, French ministers back US on 21% global minimum corporate tax rate – Zeit

Germany’s Finance Minister Olaf Scholz and his French counterpart Bruno Le Maire voiced support for US President Joe Biden’s plan of a global minimum corporate tax rate of 21%,  in a joint interview in Zeit Online on Tuesday.

Scholz  said: “I, personally, have nothing against the US proposal.”

“If that is the result of negotiations, we would also be agreed,” Le Maire said.

Separately, Austrian Finance Minister Gernot Bluemel said, “This tax fairness must also apply above all between digital and analog business models.”

Earlier this month, US Treasury Secretary Janet Yellen said that was working with G20 countries to agree on a minimum rate.

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  • WH Adviser Deese: Biden’s tax proposal to affect 0.3% of taxpayers

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