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OECD Inclusive Framework Agrees Two-pronged Tax Reform And 15 Percent Global Minimum Tax: Oxfam Reaction

Friday, 2 July 2021, 4:19 pm Responding to the announcement today that the OECD Inclusive Framework on Base Erosion and Profit Shifting (BEPS) has agreed to push ahead with the two-pronged global tax reform deal and set a global minimum corporate tax of 15 percent. Dr Jo Spratt the Communications and Advocacy Director of Oxfam Aotearoa, said: “A really disappointing result for global tax reform. We had great hope that these negotiations would change the archaic global tax rules to make sure the majority of the world’s population benefitted. This is a self-serving deal for the G7 and EU that will allow them to

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