Despite its previous determination to achieve the objective of reaching an agreement on digital taxation (Pillar I of international tax reform) in 2020, the OECD has now explicitly admitted that, since the United States requested a resumption of negotiations after the US elections in November, this can no longer be achieved (see EUROPE B12509A17).
“The question facing countries is: should we wait another year? We've been waiting for a number of years, but there is an election after all,...