World minimum tax on companies: “A historic agreement is possible” as of this Saturday morning, assures Bruno Le Maire to the G7 Finances

World minimum tax on companies: “A historic agreement is possible” as of this Saturday morning, assures Bruno Le Maire to the G7 Finances

The 15% taxation, proposed by the United States, must be “a starting point and not an end point”, the Minister of Economy and Finance told franceinfo.

Economy and Finance Minister Bruno Le Maire on the first day of the G7 Finance Ministers' meeting at Lancaster House, London, June 4, 2021 (DANIEL LEAL-OLIVAS / AFP)

“A historic agreement is possible”, assures Friday June 4 to franceinfo Bruno Le Maire, from London where a G7 Finances has opened to consider the establishment of a taxation of the largest multinationals, including the digital giants. According to the Minister of Economy and Finance, “We will try to have an agreement on international taxation this Saturday morning.”

“We have all spent a lot of public money during this economic crisis. All the G7 countries need to have new financial resources ”, explains the minister, who adds “That having minimal taxation of digital giants means having new fiscal resources that will not weigh on our compatriots, which are both efficient and fair”.

“Now is the time to implement this digital taxation”

“Everyone can see that the main beneficiaries of this economic crisis, and perhaps the only ones, are the digital giants”, adds Bruno Le Maire. We have all used our tablets, the networks… They made absolutely considerable profits, so now is the time to implement this digital taxation. ”

Finally, the Minister of Economy and Finance said that the 15% taxation, proposed by the United States, should be “A starting point and not an ending point. We want to try to have an even more ambitious rate. ”