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OECD'S Pillar One Blueprint: Tax Base Determinations - Tax


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As discussed in prior blog posts, Amount A is a proposed new
taxing right over a share of the residual profit of MNE groups that
fall within its defined scope. The tax base is therefore determined
on the basis of the profits of a group (rather than on a separate
entity basis), and it is necessary to start with consolidated group
financial accounts.
Comment: As discussed in prior blog posts, the reliance
on consolidated financial statements in computing Amount A is a
novel concept. Many taxing authorities are likely to view reliance ....

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