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G20 Finance Ministers and Central Bank Governors Remain Committed to OECD's Two-Pillar Solution

23 February 2022

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G20

The U.S. Treasury has published the official communiqué issued after the G20 Finance Ministers and Central Bank Governors Meeting that was held 17 to 18 February 2022, which includes a continued commitment to the implementation of the OECD's two-pillar solution for international tax reform. With respect to taxation, the communiqué includes the following: To ensure the swift global implementation of the historic OECD/G20 two-pillar international tax package agreed in 2021, we commit to develop the model rules and multilateral instruments according to the timetable provided in the Detailed Implementation Plan, with a view to ensure that the new rules will...