Commissioner Hoekstra must reveal the cost of Trump's harmful tax ...
The article does not specifically mention Portugal. Instead, it discusses concerns raised by the Socialists and Democrats regarding a US-EU tax deal brokered in January, which exempts American multinationals from parts of a global minimum corporate tax agreement aimed at curbing tax competition. The S&D group urges EU Commissioner Hoekstra to reveal the economic impact and revenue losses for EU countries, emphasizing the potential distortion of fair taxation and the risk of corporate relocations. The broader context involves Europe's need to develop alternative tax strategies to ensure fair digital and corporate taxation, especially as the US deal undermines the original global agreement aimed at increasing EU tax revenues and promoting tax justice.


















