Global Tax Reform May Add $250 Billion a Year to Public Coffers

The world’s governments stand to increase their collective tax revenues by about $250 billion a year by enacting a deal to rewrite the rules for multinational corporations, according to new estimates from the OECD.

The Paris-based organization, which oversaw talks on the 2021 agreement between around 135 countries, said it is revising up calculations of potential fiscal gains based on data showing more profits of the biggest global companies would be captured.

The release of the analysis keeps pressure on governments to deliver on the two-part reform after technical difficulties and political inertia delayed implementation by at least a ...