ETUC statement on minimum taxation delay

The ETUC expresses its concern at the lack of progress on the adoption of a minimum level of taxation, which is another illustration of the need to get rid of the unanimity requirement in Council.

The ETUC has welcomed the EU proposal as a timid but important first step in reducing the most damaging corporate tax practices in the EU. In addition to depleted public budgets, we underline the disastrous impact of corporate tax avoidance on employment. Hiding corporate profits in tax havens stands in the way of fair wages and sustainable business.

The ETUC continues to push for adoption of Directive in Council. In addition, ETUC calls on progressive Member States to move forward in the implementation of robust national reforms, ensuring that multinational enterprises pay at least 25% corporate income tax in every country where they carry profitable economic activity, employ people and declare earnings.