Gentiloni: '2024 will be decisive for taxes on multinationals' - News.com.au. European Commissioner for Economy, Paolo Gentiloni, underlined the importance of the commitment that emerged at the G20 "to sign the multilateral convention on pillar one" on the reallocation of the profits of multinationals with incomes exceeding 20 billion dollars.
"The extra profits accrued from frozen Russian assets can be separated and used," he said. "We are talking about 3-4 billion per year, so not an insignificant figure"