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France Sees €1 Billion Boost to Revenues From Global Minimum Tax

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France Sees €1 Billion Boost to Revenues From Global Minimum Tax

  • By William Horobin

Finance Minister Bruno Le Maire said that implementing a 15% global minimum tax on corporate profits would boost the country’s revenues by at least €1 billion ($1.1 billion) a year. France aims to ratify the new mechanism negotiated at the OECD in the first half of 2023 after the European Union agreed on a directive on the matter.

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