ECONOMY - FINANCE - BUSINESS / Taxation

A new step in international corporate tax reform is expected at G20 ‘Finance’ Summit in Venice

Brussels, 07/07/2021 (Agence Europe)

The technical agreement reached last week by the G20/OECD Inclusive Framework on Base Erosion and Profit Shifting (BEPS) (see EUROPE B12753A1) is expected to take a further step forward at the G20 Finance Ministers’ meeting in Venice on 9-10 July, where it is expected to be endorsed politically.

All G20 countries have signed up to the Inclusive Framework statement, but satisfaction levels vary between countries. Discussions are also continuing to try to convince the more reluctant...