The Organisation for Economic Co-operation and Development (OECD) has released the fifth edition of its annual Corporate Tax Statistics publication and an updated database.The OECD also released an accompanying working paper titled “Effective tax rates of MNEs: New evidence on global low-taxed profit,” providing estimates of the distribution of effective tax rates of large multinational enterprises (MNEs) across and within jurisdictions.The Corporate Tax Statistics database, including the aggregated country-by-country reporting data it contains, provides information that will be used in analyzing the taxation of MNEs and developing policy proposals affecting global businesses. Executive summaryOn 21 November 2023, the OECD released the...