OECD Says Tax Pact Consultations, Guidance Expected in December

The OECD expects to issue a slew of consultations and guidance in December on key issues surrounding the scope and implementation of the global tax agreement, an OECD official said Thursday.

“We have a few Christmas presents waiting for you in December,” said Grace Perez-Navarro, director of the OECD’s Centre for Tax Policy and Administration, in an interview at the Bloomberg Tax Leadership Forum in New York.

Two forthcoming consultations will deal with aspects of Pillar One, the reallocation of a portion of companies’ profits to other countries, Perez-Navarro said. They are “sort of the final ...