NEWS 1：Minimum corporate taxation SOURCE：歐盟委員會官網(wǎng) Dec. 22 2021
The proposal delivers on the EU’s pledge to move extremely swiftly and be among the first toimplement the recent historic global tax reform agreement, which aims to bring fairness, transparency and stability to the international corporate taxframework.
The proposal follows closely the international agreement and sets out how the principles ofthe 15% effective tax rate – agreed by 137 countries – will be applied inpractice within the EU. It includes a common set of rules on how to calculatethis effective tax rate, so that it is properly and consistently applied across the EU. Where does this proposal stem from?
Minimum corporate taxation is one of the two work streams agreed by members of the Organization for Economic Co-operation and Development (OECD)/G20 Inclusive Framework, a working group of 141 countries and jurisdictions who concentrated on theTwo-Pillar Approach to address the tax challenges of the digital economy. They worked on a global consensus-based solution to reform the international corporate tax framework, which culminated in a global agreement among 137 jurisdictions in October 2021. The discussions focused on two broad topics: Pillar 1, the partial re-allocation of taxing rights, and Pillar 2, the minimumlevel of taxation of profits of multinational enterprises.
As pledged, the EuropeanCommission is now implementing Pillar 2 of the global agreement, making globalminimum effective corporate taxation a reality for large group companieslocated in the EU. To whom do therules apply?
The proposed rules will apply to any large group, bothdomestic and international, including the financial sector, with combined financial revenues of more than
