Germany says 'we are against a race to the bottom' on tax policy

BERLIN (Reuters) - Germany opposes an international 'race to the bottom' on tax competition, a spokeswoman for the Finance Ministry said on Monday when asked about British Prime Minister Theresa May's declared aim of having the lowest corporate tax rate in the G20.

"We are of course against 'a race to the bottom,'" the spokeswoman told a regular government news conference.

(Writing by Paul Carrel; Editing by Andrea Shalal)