On February 21, OECD Tax Policy Director Pascal Saint-Amans and five other OECD tax policy chiefs hosted a virtual “OECD Tax Talks” webinar to assess the world’s progress in implementing the historic OECD/G20 two-pillar international tax package. There was much discussion about where the plan started and where it is going. Even though the year...
Switzerland will likely change its constitution because of Pillar Two—a proposal to address global profit shifting by imposing a global minimum tax of at least 15%—and took its first step in that direction by opening a public consultation on the OECD/G20 minimum tax plan for multinationals on March 13. The most recent proposal of the...