European Union Considers Amending Minimum Tax Law to Ease Tensions with Trump

The European Union will consider amending its law mandating a 15% minimum corporate tax next week to ease tensions with the United States. Documents show that during a meeting next Tuesday, officials will discuss several policy options that could significantly alter the way EU laws are applied. Their aim is to appease Trump, as the U.S. government does not want American companies to be subject to this law. The Minimum Tax Directive has been in effect for less than two years, imposing a 15% corporate tax benchmark across the EU, in line with the 2021 agreement signed by more than 140 countries, including the U.S. at the time.