The OECD is asking for comment on a key issue to be addressed under the global tax deal—which national measures, such as digital services taxes, will have to be withdrawn.
Nearly 140 countries have agreed on a two-pillar plan to overhaul global taxation, including the reallocation of a portion of the largest multinationals’ profits, known as Pillar One, and a 15% global minimum tax, known as Pillar Two.
Under the deal, unilateral measures such as digital taxes would be withdrawn with the implementation of Pillar One. Tuesday’s consultation suggested how that could be done under the Pillar One multilateral convention—a ...