France’s Macron Champions Global Taxation for Poverty, Climate
- Macron eyes shipping for new tax, including China operators
- OECD minimum tax rules show global work possible, Macron says
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French President Emmanuel Macron called for another overhaul of the global taxation system to finance the fight against poverty and climate change, building on recent efforts for a minimum levy on corporations.
The new taxation could hit airline tickets, financial transactions or shipping, Macron said at an international summit in Paris on reforming the global financial system. For it to be successful, countries would have to work together to avoid businesses relocating activity to avoid national levies, he said.