The most developed countries will get the lion’s share of the new distribution of tax revenues generated by the international corporate tax reform agreed at the OECD in early October, according to an analysis published by the European Tax Observatory on Wednesday 27 October.
The agreement, which will be endorsed by the G20 countries meeting this weekend in Rome (see other news), provides for a reallocation of certain profits (pillar I) of multinationals with a global turnover of more than...