OECD Mulls Safe Harbors, Mobile Asset Rules for Global Tax (2)

The OECD is considering another tranche of guidance to provide permanent safe harbors, a dispute resolution mechanism, and detail the treatment of mobile assets under the global minimum tax, an official for the organization said Wednesday.

There’s an “active conversation” at the Organization for Economic Development and Cooperation on a permanent safe harbor for a simplified effective tax rate calculation, said Achim Pross, deputy director of the OECD’s Center for Tax Policy and Administration.

The organization is exploring the way a calculation can be simplified to strike a balance between the minimum number of adjustments in a company’s financial ...