• SHARE

A global deal on corporate tax looks set to bring to a climax a deep-seated European Union battle, pitting large members such as Germany, France and Italy against Ireland, Luxembourg and the Netherlands.

The smaller EU partners, which are at the center of a yearslong struggle over their favorable tax regimes, welcomed a Group of Seven deal on June 5 for a minimum corporate rate of at least 15%, but some critics predict trouble implementing it.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW

PHOTO GALLERY (CLICK TO ENLARGE)