France proposes 12.5% as lowest business taxes price under OECD reform

PARIS An OECD reform in the international taxation system underway should established the absolute minimum corporate income tax amount of 12.5%, Financial Minister Bruno Le Maire stated on Tuesday.

The Paris-centered OECD has stated it will suggest a framework for ensuring minimal taxation of firms as part of an upgrade from the worldwide tax process for the computerized age.

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