The EU should make the implementation of a global minimum corporate income tax voluntary or abolish the tax altogether for small countries like Estonia, Finance Minister Jürgen Ligi insisted, ERR reported. He noted that the EU had made the global minimum tax mandatory for member states through a directive, which he said placed EU businesses at a disadvantage in global competition. Ligi argued that the application of the directive should be more flexible. He proposed three options: suspending the directive, repealing it altogether, or granting a permanent exemption to small member states. The global minimum tax on large multinational companies is aimed at curbing tax avoidance.
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