Finland Government Seeks Public’s Opinion on Global Tax Treaty

Finland is requesting opinions from stakeholders on whether the country should sign onto a multilateral tax treaty that’s part of the OECD-led international tax pact.

The Finnish Ministry of Finance released a consultation Thursday asking for comment on draft treaty text that’s part of Pillar One of the tax deal. The treaty details how countries would reallocate a portion of these residual profits to market jurisdictions.

The international tax deal also consists of a 15% global minimum tax, known as Pillar Two.

• Comments on the draft treaty can be made until Dec. 4.
• The Organization for Economic Cooperation and ...