OECD Eyes US Side-by-Side Global Tax Solution by Year-End (2)

The OECD aims to reach an agreement to re-write major parts of the global minimum tax by the end of the year, its Secretary-General told the G20 Finance Ministers and Central Bank Governors in a Wednesday report.

A deal is currently being negotiated to assuage US concerns over a risk of double taxation for American companies.

“Technical work on design and impact is being undertaken by the Inclusive Framework to explore the evidence base for the issues raised, and to find common ground,” with the US, the report states, referring to the group of countries’ negotiators involved in ...