had shown His conversations with colleagues from countries such as India, Spain, the USA and France on the sidelines of the G20 Finance Ministers ' meeting in Riyadh, "that all are willing to agree to more regulation," wrote Scholz in the online service Twitter.

EU Minister: "the profits of the big digital corporations are not taxed as yet, adequately,"

the support received Scholz of his colleagues from Spain, Italy and France. In a joint Newspaper article Scholz, Nadia Calviño, Roberto Gualtieri and Bruno Le Maire wrote: "We hold a shared responsibility to achieve by the end of the year in a global agreement." The four EU Minister see, therefore, "a unique opportunity for the global tax system to make sure that it is fair and effective".

on The international taxation is currently "two big weak," write the Ministers. "First of all, the profits of the big digital corporations are not taxed, be they American, European or Chinese – appropriate." Often, the company paid taxes with the highest Win in the end at least. "Thus, they make a fair contribution to the funding of our community". This Situation was "unacceptable, inefficient and, above all, not sustainable." Content check: The gross-to-net calculator 2020 As much net them by the gross

minimum level of taxation to tax havens remains dry

With an international digital taxation this Problem could be eliminated, explain, Scholz and his colleagues. As a second weak point of the Minister to lead the so-called fiscal dumping. Large companies moved their in a country that profits generated in countries with lower taxes, will be perceived by the Public "as unacceptable". An effective solution to the global minimum tax is.

"We are determined until the end of 2020, an international solution and we will work tirelessly for an agreement within the OECD", to terminate the four Ministers with a view to the ongoing negotiations within the organization for economic cooperation and development. Your tax return in 30 minutes

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mbe/AFP Date Of Update: 23 February 2020, 14:00