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Radio France Internationale
Radio France Internationale
RFI

DARK SECRETS: Eu adopts historic plan for minimum 15 percent tax on multinationals | Vintage Vibes

The European Union on Thursday adopted a plan for a global minimum 15 percent tax on multinational businesses, after leaders gave final approval following months of wrangling. REUTERS/Kacper Pempel/Illustration

The European Union has adopted a plan for a global minimum 15 percent tax on multinational businesses, after leaders gave final approval following months of wrangling. France welcomed a decision that has been years in the making.

The landmark agreement between nearly 140 countries is intended to stop governments racing to cut taxes to lure the world's richest firms to their territory.

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