France wants to “accelerate” the idea of taxing billionaires on an international scale. On the sidelines of the G20 of Finance Ministers in Brazil, the Minister of the Economy Bruno Le Maire announced this Wednesday that France was "fully committed" to "accelerating" on the idea.
Nearly 140 states agreed at the end of 2021 on minimum taxation of multinationals under the aegis of the OECD, consisting of two pillars. The international community now needs a "third pillar", the French minister said.