The meeting of finance ministers of the G20 countries opens this Thursday, February 23 for two days in Bangalore, in southern India, with two main negotiations on the agenda: the establishment of a minimum tax 15% on multinationals, and that on large digital companies.
With our correspondent in New Delhi, Sebastien Farcis
Just over a year ago, 140 OECD countries signed an agreement that guarantees they will impose a minimum 15% corporate tax, in a bid to combat tax dumping. This agreement will be discussed at the G20, and will come into force in the European Union in 2024. This minimum tax of 15% is called pillar 2 of theJuly 2021 agreement found at the OECD.
The first of these two pillars concerns the taxation of large digital companies, such as Google or Apple. But it will be more difficult to find a consensus on this point, deplores the French Minister of the Economy Bruno Lemaire: “ Today, things are blocked, notably by the United States, Saudi Arabia and India. We will plead for an unblocking of the situation, in particular on pillar one of digital taxation. The chances of success are slim. »
The Minister recalled that France had already implemented taxation of large digital companies at the national level which “ reports [à la France, NDLR] nearly 700 million euros per year”. Bruno Le Maire wants this tax to be extended to all of Europe. The digital giants place their headquarters in the European countries with the lowest taxes, which allows them to pay half the taxes of traditional companies.