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Macron’s Push for EU to Implement Global Tax Deal Hits Hurdles

Jan. 17, 2022, 10:50 AM

European Union countries are skeptical that President Emmanuel Macron will be able to use France’s six-month presidency of the bloc to jumpstart the implementation of a minimum corporate tax, adding to risks of delays to the broader global overhaul.

For Macron, who led the charge for international tax overhaul in recent years, swift action would boost France on the world stage and burnish his own political stature at home ahead of elections in April.

But Sweden, Estonia, Malta and Bulgaria are warning the EU’s agreed timeline -- to put new tax structures into effect by next year -- is too ...