Corporate Tax Bosses Look to OECD to Ease Global Fracturing

The OECD should shift its attention away from sweeping multilateral tax overhauls and toward specific tax problems arising from increased global discord among nations, tax professionals say.

They point to economic relationships frayed by the Trump administration’s steep tariffs, the fallout from the Iran war, and fraught discussions over the global minimum tax deal brokered by the Organization for Economic Cooperation and Development—all of which set the stage for more disputes.

“Improved dispute resolution is a critical area” for the OECD, Jesper Barenfeld, senior vice president and head of corporate tax at AB Volvo, told Bloomberg Tax.

The OECD ...