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EU Tax Observatory eyes broader G20 support for minimum tax on billionaires

A minimum tax on billionaires is likely to gain wider traction among the G20 group of the world s largest economies as they get clarity on the proposal, French economist Gabriel Zucman of the. -May 23, 2024 at 12:43 pm EDT - MarketScreener

EU Tax Observatory Eyes Broader G20 Support for Minimum Tax on Billionaires

EU Tax Observatory Eyes Broader G20 Support for Minimum Tax on Billionaires
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Global Billionaire Minimum Tax Proposal Gains Momentum with G20 Support

Gabriel Zucman of the EU Tax Observatory reports increasing support for a minimum billionaire tax among G20 nations. France, Spain, Colombia, Belgium, the African Union, and Brazil, which presented the idea, endorse the proposal. The U.S. shows resistance, but hopes remain high for approval.

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