Multinationals Seek Safe Harbors, Tax Clarity for Remote Work

Multinationals asked the OECD for more clarity on complex questions around how corporations should be taxed in relation to remote work and a safe harbor for short-term cross-border working.

The Organization for Economic Cooperation and Development’s updates to its Model Tax Convention and Commentary leave more questions regarding the triggering of permanent establishments and risks to multinationals allowing employees to work outside heaquartered jurisdictions, business leaders from Europe and the US told a consultation panel Tuesday.

“Corporate tax departments do not want to be in the position of saying, ‘No.’ They want to be in the position of saying, ‘Yes,’ ...