OECD reports on proposed international tax reforms
Released 13 February 2020
According to OECD economic analysis, a proposed solution to the tax challenges arising from the digitalisation of the economy under negotiation at the OECD would have a significant positive impact on global tax revenues.
The analysis puts the combined effect of the two-pillar solution under discussion at up to 4% of global corporate income tax (CIT) revenues, or USD 100bn annually. The revenue gains are broadly similar across high, middle and low-income economies as a share of corporate tax revenues.
Further information can be found here.