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Global tax: why its implementation worries companies

2021-07-25T20:26:46.361Z


DECRYPTION - Unlike many governments, the agreement on international tax reform does not arouse overwhelming enthusiasm among tax professionals.


While many governments welcome the “historic” agreement sealed on international tax reform in early July, after years of negotiations under the aegis of the OECD, tax experts are much less enthusiastic. …

"With this reform, we find ourselves in an area of ​​uncertainty which creates a lot of concern for businesses,"

notes Charles Ménard, associate lawyer at EY Société d'avocats and member of the Cercle des fiscalistes.

"There is a world between the concepts recorded in this reform and its concrete application which promises to be extremely complex",

insists Denis Andres, of the Arsene cabinet

,

for his part.

To read also:

After the “historic” agreement of the G20 on the world tax, the negotiations continue

The text, which has yet to be specified in detail by October, provides in particular for the introduction of an effective tax rate on profits of at least 15% for large companies with a turnover of at least 750 million euros.

Which means, in concrete terms, that with this new rule, a French group

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Source: lefigaro

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