Meeting in Brussels on Tuesday, the finance ministers of Poland, Sweden, Estonia and Malta voted against the French-proposed compromise on how to implement OECD’s minimum corporate tax rate of 15% across EU member states.

France, which currently holds the EU's rotating presidency, has been pushing for quick EU implementation of the overhaul of cross-border tax rules with French president Emmanuel Macron, making the adoption of the new rules a key objective of his six-month presidency of the EU which ends in June.