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Image header Agence Europe
Europe Daily Bulletin No. 12885
Contents Publication in full By article 20 / 24
NEWS BRIEFS / Taxation

OECD launches public consultation on a first building block under Pillar One of international tax reform agreement

07/02/2022 (Agence Europe)On Friday 4 February, the OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting launched a public consultation on the draft model rules (amount A, nexus and revenue sourcing) to be applied by companies covered by Pillar One of the international tax reform, agreed in October 2021 (see EUROPE 12808/2). The public consultation will take place in stages, with the release of Secretariat working documents on each building block. However, the draft rules do not reflect a consensus on the substance of the document. The aim is to obtain quick feedback and to continue the work in parallel “in order to remain within the political timetable agreed”, the Framework explains in a statement. Interested parties are invited to send their contributions no later than Friday 18 February. For amount B, a further public consultation will take place in mid-2022. Further information at: https://aeur.eu/f/7o (AD)

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