German, French ministers to present tax harmonisation plan - Handelsblatt

The finance ministers of Germany and France plan to present a roadmap for the harmonisation of their countries` corporate taxes at a joint meeting of their governments on Thursday, the German business newspaper Handelsblatt reported.

Citing sources involved in the negotiations, Handelsblatt said the roadmap envisaged presenting a proposal by mid-September on how to align the basis for assessing corporation tax.

The plan would be finalised by December and could then be adopted next year, Handelsblatt added.

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)