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German, French ministers to present tax harmonization plan: Handelsblatt
July 12, 2017 / 6:20 PM / 4 months ago

German, French ministers to present tax harmonization plan: Handelsblatt

BERLIN (Reuters) - The finance ministers of Germany and France plan to present a roadmap for the harmonization of their countries’ corporate taxes at a joint meeting of their governments on Thursday, the German business newspaper Handelsblatt reported.

German Finance Minister Wolfgang Schaeuble attends an European Union finance ministers meeting in Brussels, Belgium, July 11, 2017. REUTERS/Francois Lenoir

Citing sources involved in the negotiations, Handelsblatt said the roadmap envisaged presenting a proposal by mid-September on how to align the basis for assessing corporation tax.

The plan would be finalised by December and could then be adopted next year, Handelsblatt added.

Writing by Paul Carrel, editing by Larry King

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