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One step closer to an international agreement on new rules to tax multinationals in a digital world!
The OECD has just published the first building blocks of these rules👉bit.ly/2IBPXyp
A lot still needs to be negotiated.
My take? A thread!
#TaxTwitter
One step closer to an international agreement on new rules to tax multinationals in a digital world!
The OECD has just published the first building blocks of these rules👉bit.ly/2IBPXyp
A lot still needs to be negotiated.
My take? A thread!
#TaxTwitter
Some might say there is little progress and not a lot has been decided. I believe it is quite the contrary. It is impressive to see how quickly the OECD and 134 countries have moved from three options to one unified proposal. This is unseen in international tax history!
Where is pillar 2 (the worldwide minimum tax)? True this document only deals with pillar 1 on taxing rights in a digital world. It is expected for the OECD to publish soon a document on pillar 2. France & Germany still defend there can't be pillar 1 without pillar 2.
