author_orbitax
Orbitax

Share This Article

G20 Finance Ministers Endorse Final Political Agreement on OECD Two-Pillar Solution for International Tax Reform

15 October 2021

|

Approved Changes

|

G20

The G20 Finance Ministers and Central Bank Governors have issued the official communiqué following their meeting held on 13 October 2021, including their endorsement of the political agreement on the OECD's two-pillar solution for international tax reform. Regarding the endorsement, the communiqué includes the following: After the historic agreement reached in July on the key components of the two pillars on the reallocation of profits of multinational enterprises and an effective global minimum tax, we endorse the final political agreement as set out in the Statement on a two-pillar solution to address the tax challenges arising from the digitalisation of...