Doubts Escalate Over Timeline for Implementing Global Tax Deal

The top tax official at the Organization for Economic Cooperation and Development signaled his uncertainty over whether national governments will keep to the agreed timetable for implementing a historic global tax agreement, yet he warned there was no going back on the deal if officials wanted to avoid a further breakdown of international tax rules.

The OECD is continuing to host technical negotiations on the details of an agreement that was backed, in principle, by almost 140 countries last year. Its current timetable calls for the deal to be in force globally by the end of 2023.

“We are in ...