Poland’s position has been sharply criticized for suggesting that European officials, especially Bruno Le Mer, the French Finance Minister, have held a final agreement in retaliation for political disputes across Europe. I did.Poland Threaten veto Measures that require a unanimous EU vote for Previous decision Brussels blocks Poland’s pandemic recovery fund.
The European Union has refused to pay billions of dollars in aid to Poland since the end of last year because of individual concerns about its interference with the independence of Warsaw’s judicial system. Last week, on the eve of Mr. Yellen’s visit to Poland, the European Commission unlocked € 36 billion at the Polish Pandemic Recovery Fund, which promised to meet certain milestones such as judicial and economic reforms 11 hours. Came up with a deal. I will return it for the money.
Negotiators around the world have been working for months to resolve the technical details of the contract, such as the types of income subject to the new tax and how the transaction is conducted. If you fail to conclude an agreement, Digital service tax The imposition of European nations on American tech giants has greatly affected the disappointment of those companies and the Biden administration. Threatening to impose tariffs In countries that adopt their own taxation.
Pascal San Amance, director of the Organization for Economic Co-operation and Development’s Tax Policy and Administration Center, said the negotiations at DC Bar’s annual tax meeting this month were “a fluid, moving and moving goal.” rice field. “I have a very ambitious schedule.”
A country like Ireland, Historically low corporate tax rateIt was important to make sure that there was a common understanding of the new tax law so as not to open the door to new loopholes, as we have been wary of raising the tax rate if others do not follow it.
Barbara Angus, Ernst & Young’s Global Tax Policy Leader and Former Chief Tax Adviser to the Houseways and Means Commission, said: She added that it is important to have a multilateral forum so that countries can agree on how to interpret and apply taxes.
However, while Mr Yellen is urging foreign countries to adopt tax treaties, it remains unclear whether the United States will be able to comply with its own laws.