November 26, 2019 / 9:00 AM / 12 days ago

France proposes 12.5% as minimum corporate tax rate under OECD reform

PARIS, Nov 26 (Reuters) - An OECD reform of the international tax system underway should set a minimum corporate tax rate of 12.5%, Finance Minister Bruno Le Maire said on Tuesday.

The Paris-based OECD has said it will propose a framework for ensuring minimum taxation of companies as part of an overhaul of the international tax system for the digital age. (Reporting by Leigh Thomas; Editing by Sudip Kar-Gupta/Dominique Vidalon)

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