European Union: Adopted Directive implementing 15% minimum tax rate for multinationals operating within EU by Council of EU
Description
Adopted Directive implementing 15% minimum tax rate for multinationals operating within EU by Council of EU
On 15 December 2022, the Directive on ensuring a global minimum level of taxation for multinational enterprise groups and large-scale domestic groups in the Union was formally adopted through a written procedure by the Council of EU. The Directive i…
Scope
Policy Area
Taxation
Policy Instrument
Direct taxes including Digital Service Taxes
Regulated Economic Activity
cross-cutting
Implementation Level
supranational
Government Branch
executive
Government Body
central government
Complete timeline of this policy change
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2021-12-22
under deliberation
2022-12-12
under deliberation
2022-12-15
adopted
2023-12-22
in grace period