Page 19 - Inclusive Framework News Today

On October 8, 2021, all but four of the 140 member jurisdictions of the Organisation for Economic Co-operation and Development/Group of 20 (OECD/G20) Inclusive Framework on Base Erosion and Profit Shifting (IF) agreed by consensus to the revised blueprint of the two-pillar solution “to address the tax challenges arising from the digitalisation of the economy”, dubbed Pillar One and Pillar Two.

The decision of the OECD Council to open accession negotiations with Romania represents the chance for a new stage of reforms in favor of the...

There are significant changes to the guidance in respect of the profit split method, hard-to-value intangibles (HTVI) and financial transactions.

The new global tax framework will pose challenges for multinational companies, tax authorities and tax professionals.

On 20 December 2021, the OECD published keenly awaited model rules designed to implement Pillar Two of its ambitious plans to reform international taxation.

On 4 January 2022, Treasury and the IRS published another tranche of final regulations regarding the foreign tax credit. The final rules adopt with…

Kirsten Debono Huskinson and Andrea Darmanin of Camilleri Preziosi Advocates provide an update on pillar one.

OECD releases Pillar Two model rules for domestic implementation of 15% global minimum tax

The Organisation for Economic Co-operation and Development (OECD) has p...

The Organisation for Economic Co-operation and Development (OECD) has p...