Poland blocks EU compromise on global minimum corporate tax deal

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Reuters UK

PARIS (Reuters) – Poland on Tuesday blocked a French-proposed compromise on how to implement a minimum corporate tax across the European Union in another blow to a global overhaul of international tax rules. The Polish revenue chief said that despite amendments, Warsaw still had concerns that the minimum tax could enter into force without the new rules preventing big multinationals from booking profits in the most favourable countries. Nearly 140 countries, including Poland, reached a two-track deal in October on a minimum tax rate of 15% on multinationals and agreed to make it harder for comp…

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