The deliberations are scheduled until Thursday and are considered to be decisive in order to reach a consensus at the G20 meeting of finance ministers in Venice at the end of next week.
Most recently, the seven leading industrialized countries (G7) agreed on a basic framework, including a minimum tax for companies of 15 percent. There is also the question of which country will be allowed to tax globally operating corporations and how much in the future. Large emerging countries in particular should be better off here.
Many details on both pillars of the planned tax reform are still open. A dispute about exceptions for certain countries has been raging in the background for weeks. According to insiders, China in particular has yet to be convinced.
The German Finance Minister Olaf Scholz recently expressed confidence that the G20 group would agree on the minimum tax with the most important industrial and emerging countries. But he could not say that with absolute certainty. The SPD candidate for Chancellor will travel to the USA on Wednesday and meet Finance Minister Janet Yellen there, who brought the 15 percent into play and thus brought new momentum to the years of negotiations.
