Bloomberg Tax
Oct. 8, 2021, 7:50 PMUpdated: Oct. 8, 2021, 9:40 PM

OECD Plans to Have Model Rules for Minimum Tax Next Month (1)

Hamza Ali
Hamza Ali
Senior Reporter International Tax
Isabel Gottlieb
Isabel Gottlieb

The OECD has published an ambitious timeline for how it plans to implement a new global deal to rewrite tax rules.

More than 130 countries around the world signed up Friday to an agreement to dramatically overhaul where and how much tax multinationals pay.

The implementation plan sets out the tasks the Organization for Economic Cooperation and Development must complete by 2023, and includes technical deliberations as well as resolution of some thorny political issues.

The agreement proposes to reallocate part of the tax revenue from the largest and most profitable businesses to countries where they make sales, known as ...

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