OrbitaxIMF Concludes OECD's Two-Pillar Solution Makes the International Tax System More Robust to Tax Spillovers, Better Equipped to Address Digitalization, and Modestly Raises Global Tax Revenues
|Approved Changes|IMF-OECD
On 6 February 2023, the International Monetary Fund (IMF) published a policy paper on the BEPS Inclusive Framework agreement for the OECD's two-pillar solution to the challenges of the digitalization of the economy through a new allocation of taxing rights to market economies (Pillar 1) and tax competition through a global minimum corporate tax (Pillar 2). The paper concludes that the agreemen…
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