Following their meeting held on 9 November 2023, the EU Economic and Financial Affairs Council issued the following Council statement on the two-pillar solution to address the tax challenges arising from the digitalisation of the economy, as well as a related Commission statement.
Council Statement
"The Council:
I) recalls its statement approved upon adoption of the Council Directive (EU) 2022/2523 of 14 December 2022 on ensuring a global minimum level of taxation for multinational ente…