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Global Tax Deadlock Must End in Coming Days, Le Maire Says

Oct. 5, 2021, 1:24 PM

Countries must resolve disagreements in the coming days over details of new global rules to share tax revenues from the world’s biggest companies and set a minimum rate, or the talks could founder, French Finance Minister Bruno Le Maire said.

Raising the alarm at the prospect that years of negotiations could miss a vital window of opportunity at a meeting Friday of the 140 countries involved, the minister outlined his hopes for a compromise in a briefing with reporters on Tuesday.

“A definitive agreement on tax in the 21st century is within reach and it is now or never,” Le ...