Bloomberg Tax
Aug. 18, 2023, 3:41 PMUpdated: Aug. 18, 2023, 8:20 PM

German Minimum Tax Rules Should Follow OECD’s, Businesses Say

Danish Mehboob

Businesses are urging Germany to stick as closely as possible to the OECD’s minimum tax rules, as the country moves towards implementing the tax.

“In order to avoid diverging rules, a globally harmonized implementation is crucial for businesses,” Monika Wünnemann, head of tax and finance at German industry group BDI, told Bloomberg Tax Friday.

The German government has moved to the next phase of implementing the 15% minimum tax and finalized its draft law to roll out the measure. It announced at an Aug. 16 press conference that its draft bill, released in March, is on track to be transposed ...

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