The ITPF News Blog is managed by the students at the University of Florida Levin College of Law International Tax LLM Program.
By Stephen Gardner
An influential EU panel has suggested using a mechanism designed to combat harmful tax practices to push EU member states into accepting a global minimum tax rate. Over 130 countries have agreed on a global minimum tax rate of “at least 15%" but four EU countries—Cyprus, Estonia, Hungary, and Ireland—have not signed up to the agreement, which was negotiated through the Organization for Economic Cooperation and Development.
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