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MNI BRIEF: Brussels To Work Towards Whole EU In Tax Reform

(MNI) Brussels

EU Commission Vice President Valdis Dombrovskis said Tuesday that the Commission would do everything to make sure that all EU states get on board for the OECD's inclusive framework for reform of the global corporate tax system.

"We will work to bring all EU states on board," Dombrovskis said.

Among EU member states, Ireland has failed to join the OECD agreement on tax reform, because of objections to US demands for a minimum rate of 15%. Ireland has a corporate tax rate of 12.5%. "From the Commission side, it is going to be a priority for us. We will do everything to make sure all of the EU is on board," he added.

MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
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MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
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