TIOL-DDT 1674 · Wednesday, 17 August 2011 · story 5 of 5

Common Tax for France and Germany

FRANCE and Germany plan to have a common corporate tax system by 2013. The Finance Ministries of France and Germany will draw up plans to have a common corporate tax base and rate for the two nations to be effective from 2013.

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This was decided at a meeting between French President Nicolas Sarkozy and German Chancellor Angela Merkel, in Paris, yesterday.

And in India, we are not able to agree on GST!