EU Parliament to Lean on OECD to Meet Summer Tax Deal Deadline

Logo: Bloomberg Law

By Stephen Gardner

The European Parliament plans to warn international tax negotiators that a mid-2021 deadline for agreement on digital and minimum corporate taxation must be respected, lawmakers said. The warning that the European Union is “not accepting any more a delay” would take the form of a nonbinding resolution that the Parliament would finalize in April, said Martin Hlavacek, a centrist member from the Czech Republic, who is one of the drafters of the resolution. He was speaking during a tax subcommittee meeting Wednesday. 

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By Stephen Gardner, posted on Wednesday February 24, 2021

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