Estonia Calls for Extension of Minimum Tax Implementation

Estonia’s finance minister called for further delaying smaller EU countries’ implementation of the bloc’s minimum tax law to counterbalance a potential carve-out for the US.

“The issue has become one of European competitiveness, as other major economies are not applying the minimum tax in the same way,“ Minister of Finance Jürgen Ligi said in a press release.

The EU’s minimum tax directive required member countries to transpose it into their laws by the end of 2023. But Estonia, Malta, Slovakia, Latvia and Lithuania received an exemption until 2030 to implement it. Ligi argued to extend that deadline ...