EU to Discuss Minimum Corporate Tax Rate across the Union

In a move supported by France and Germany, the European Union is to discuss setting a minimum corporate tax rate across the Union. The minimum rate would operate substantially similarly to the 15% standard floor rate for VAT across the European Union. The plan will be discussed on Wednesday 27 May in a meeting of the Forum of Commissioners, a setting during which strategic orientations for the Union are floated.  It is expected to be opposed by a number of Member States, including t…