The European Commissioner for Economy, Paolo Gentiloni, expressed confidence in the finalisation of various tax initiatives during an exchange of views with members of the European Parliament’s Subcommittee on Tax Matters (FISC).
OECD agreement. The first pillar of this agreement is the Multilateral Convention, which allows jurisdictions to reallocate and exercise a domestic right to tax a defined portion of residual profits. “Ten days ago, at the G20, I continued to discuss with...