OECD Seeks Input on Deal Administration, Dispute Resolution (1)

Oct. 6, 2022, 12:25 PM UTCUpdated: Oct. 6, 2022, 3:22 PM UTC

Companies are getting another chance to weigh in on measures designed to help them avoid and resolve disputes with governments, under part of the global tax deal.

Thursday’s release updates a draft of the tax certainty measures first released for comment in May. The release also included a first version of the compliance and administrative aspects of the plan.

Last year, 137 countries agreed on a two-pillar plan to overhaul global taxation, including the reallocation of a portion of the world’s largest multinationals’ profits—known as Pillar One—and a 15% global minimum tax rate—known as Pillar Two.

The ...

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