ECONOMY - FINANCE - BUSINESS / Taxation

Tax reform of multinationals would raise $200 billion in tax revenue worldwide, according to OECD

Brussels, 15/02/2023 (Agence Europe)

On Wednesday 15 February, experts from the Organisation for Economic Co-operation and Development (OECD) and the International Monetary Fund (IMF) presented their new estimates of the impact on revenue of the implementation of the two-pillar tax reform. Their results were even more encouraging than they had been previously.

Pillar I consists of a tax on the digital sector, while Pillar II provides for a minimum 15% tax on multinationals.

For Pierce O'Reilly, head of the OECD’s Business...