Inclusive Framework on BEPS taking further steps on the implementation of the Two-Pillar Solution: release of supplementary elements relating to the report on Amount B of Pillar One and guidance to ensure consistent implementation and application of the global minimum tax under Pillar Two
On Monday, June 17, 2024, the OECD/G20 Inclusive Framework on BEPS (Inclusive Framework) released supplementary elements relating to the report on Amount B of Pillar One and guidance to ensure consistent implementation and application of the global minimum tax under Pillar Two. This has been announced in a news release on the website of the OECD. Further from the news release: Amount B of Pillar One A report on Amount B, ...
OECD releases technical guidance for implementation of the global minimum tax
The OECD/G20 Inclusive Framework on BEPS released technical guidance to assist governments with implementation of the landmark reform to the international tax system, which will ensure multinational enterprises (MNEs) will be subject to a 15% effective minimum tax rate. This has been announced yesterday with a news release on the website of the OECD. Further from the news release: The Agreed Administrative Guidance for the Pillar Two GloBE Rules will ensure co-ordinated ...