Italian Prime Minister Mario Dragh, said on October 30 that the Roman Summit of the 20th Group’s leaders confirmed the international tax system reform program to levy to large multinational enterprises to prevent multinational companies from transferring profits from profits. Low tax rate economy and other practices. [Say to implement] Draghi said: "We reach a historical agreement to achieve a more fair and effective international tax system.
"He said, this is a multilateral results.
German Prime Minister Angela Merkel said to the media reporter, this result is "Digital Age Promoting Fair Clear Signals". Economic Cooperation and Development Organization proposes this tax system in 2017, designed "Double Pressure Inclusive Framework" for the challenge of the international tax system to address the digital economic era: On the one hand, ensure that the profit margin of large multinational companies is in countries. It is more fairly distributed, requiring multinational companies in their business activities, rather than just to pay taxes in their headquarters; on the other hand, set the world’s minimum enterprise tax rate to 15%, suitable for annual income exceeding 100 million euros (about billion Multinational business.
In July this year, the Group’s Finance Minister and the Central Bank President meeting have supported this tax reform. Marsess Coleman said on October 30, the tax system after reform will "completely disseminate the intention of the world’s enterprises to avoid tax". According to Economic Co., Ltd., implement 15% minimum corporate tax, which can increase $ 150 billion per year.
OECD earlier earlier, October, the total economic volume accounts for 96 countries and regions around the world to support this tax reform program. The OECD expectation reform plan began to implement it in 2023. There are many large-scale multinational companies such as Google, Apple, Facebook, Amazon in Europe, but some countries such as France recognize that these companies use the EU tax loopholes to transfer some of the operating income to the region. Low tax rate countries such as Ireland or The Netherlands, the company’s tax payment is not commensurate with the huge profits earned.
France and other countries and the EU have been revised by tax law in recent years. US President Biden supports tax reform programs in January this year.
Although 15% of the tax rate standard is lower than 21% of Biden, he is still satisfied with this result in social media.
However, the plan for redistributing multinational corporate profit tax power has been strongly opposed in the US Congress, the reason is that the US Internet and technical giants will be damaged.
[Compromise "program] In addition to the 20th Group, some developing economies believe that 15% of the minimum tax rate is still not enough to address transnational enterprise tax avoidance issues.
AFP reported that one of the reason is that the current global average company tax rate is approximately 22%, which is above 15%. Martin Gusman, the Economic Minister of Argentina, said, "Transnational Enterprise Tax Avoidance Problem is one of the most hazardous impacts of globalization," Argentina originally hoped to set the minimum enterprise tax rate at 21% or even 25%.
However, Argentina finally agreed to 15% programs, while Kenya, Nigeria, Sri Lanka, Pakistan is still watching.
The OECD Tax Policy Supervisor Pascale San Amanda said that the final agreement was reached after negotiations in developing economies, "reflecting most of the opposition", but "it is indeed a compromise (program)." The AFP invokes the analysis reports of economies, and negotiations have made steps on European low tax rates such as Irish, Estonia, Hungary to exchange.
Ireland gives up the original% corporate tax rate, the condition is that the minimum tax rate is set to 15%, not higher. (Shen Min) (Xinhua News Agency Special Draft) (Editor: Cui Yue, Yan Wei) Sharing let more people see.