The package "on the taxation of multinationals is made up of two pillars that must go together. I believe that 2024 is the decisive year to close this agreement, also because, above all, the United States is in an election year and we must seize the current opportunity of good cooperation with 'Biden administration'.
Thus the European Commissioner for Economy, Paolo Gentiloni, in an interview with ANSA, underlining the importance of the commitment, which emerged at the G20 "to sign the multilateral convention on pillar one" on the reallocation of the profits of multinationals with income exceeding 20 billion dollars in Countries where they create profit and not where they have their registered office.
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