Poland, Sweden, Estonia, Malta block EU minimum corporate tax deal

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Poland, Sweden, Estonia, Malta block EU minimum corporate tax deal
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Poland, Sweden, Estonia and Malta blocked on Tuesday a French-proposed compromise on how to implement minimum corporate tax across the European Union, dealing a blow to the global overhaul of cross-border tax rules.

France, which currently holds the EU's rotating presidency, has been pushing for quick EU implementation of the overhaul of cross-border tax rules.

It also proposed a firm political commitment to not let the two pillars of the overhaul be separated, but Poland said that did not go far enough and it needed stronger legal assurances.

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