Share this article WASHINGTON, Dec. 14, 2020 /PRNewswire/ -- The U.S. Council for International Business (USCIB), which represents many of America's leading global companies, provided comments to the Organization for Economic Cooperation and Development (OECD) in response to the OECD's Public Consultation Request to its Reports on the Pillar One and Pillar Two Blueprints, which would develop coherent rules to address the tax challenges arising from the digitalization of the economy. Among its recommendations, USCIB emphasized that the OECD rules should be developed with consideration of their potential impact on global growth and business investment decisions, and should be designed in a way to support the achievement of tax certainty for taxpayers and tax administrations and not be too complex or too onerous in compliance to discourage global investment. According to its comments, USCIB noted that the rules should also be based, to the maximum extent possible, on internationally accepted principles of taxation for coherency in their creation and consistency in their application.