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OECD Tax Deal: EU implements Pillar 2

The European Council recently announced a deal to implement the Pillar 2 of the OECD’s reform of international taxation: the minimum taxation component. An effective implementation of this OECD Pillar means that the profit of multinational and domestic groups or companies with a combined annual earnings of at least €750 million euros will be taxed at a minimum rate of 15%.

LYMEC strongly rejects the OECD tax deal and instead calls for the implementation of the EU Common Consolidated Corporate Tax Base, for which every EU country could use the same rules to calculate the Corporate Tax Base, whilst ensuring that member states have the discretion to set their own tax rates and establish tax credits/incentives in line with domestic needs.

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September 12 2024

Young Elected Local and Regional Leaders

+++ Register here before 8 July 2024 at noon! +++   Event timing: 12-13 September, 2024 Event address: Brussels, European Committee of the RegionsB...

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Gain insights into the LYMEC Emancipation Survey results!

We are excited to share the final results of our recent campaign, "Stepping into Adulthood: Can the Youth Overcome Emancipation Challenges?". This initiative aimed to understand the experiences and challenges young adults face as they transition into in...

September 04 2024

Today and always, we stand with you!

3 Днем Незалежності, люба Україна! On this special day, we commemorate Ukraine’s unwavering spirit and resilience. For over three decades, Ukraine has stood proudly as an independent nation, its people embodying the true meaning of freedom. Today, as we...

August 24 2024

Peaceful Protests Should Not End in Prison!

We are horrified by the recent arrests in Serbia following the anti-lithium mining protests. Despite their peaceful stance, activists Ivan Bjelić, Nikola Ristić, and Jevđenije Julijan Dimitrijević were unjustly imprisoned after participating in demonstr...

August 19 2024