OECD Targets Sept. 12 for Public Consultation on Global Tax Deal

The OECD will hold an in-person public consultation September 12 to gather input on its latest draft of the global tax deal’s profit reallocation rules.

Under Pillar One of 2021’s global tax pact, the largest multinationals will see a portion of their profits reallocated to be taxed where they make sales.

• The Organization for Economic Cooperation and Development on July 11 released the most complete set of draft rules on Pillar One since last year’s agreement and is asking for public feedback on that document by Aug. 19. It includes topics that hadn’t yet been addressed—such as the determination of ...