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EU to combat taxation ‘race to the bottom’ with 15% rate for big companies

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Officials confident draft law will secure unanimity, despite concerns from Hungary and Estonia

Paolo Gentiloni, European commissioner for the economy, said that the law would introduce ‘a ceiling, a limit, to the race to the bottom’.Paolo Gentiloni, European commissioner for the economy, said that the law would introduce ‘a ceiling, a limit, to the race to the bottom’.Last modified on Wed 22 Dec 2021 18.39 GMT

 

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