Tim Sarson (KPMG) provides your monthly round up of developments in the international tax arena.
Taxation of the digital economy
Despite the disruption being caused across the globe by the Covid-19 pandemic the OECD has remained steadfast in its commitment to delivering a consensus-based solution for pillar one before the end of 2020. Back in March it was confirmed the OECD Secretariat team was still working full steam on the project and virtual meetings and adapted working methods would be used to allow all participants to continue working towards reaching a political decision on the key components of a multilateral consensus-based solution at the Inclusive Framework plenary meeting scheduled for 1-2 July 2020 in Berlin.
However preparations for this meeting were dealt a major setback earlier this month when US Treasury Secretary Steven Mnuchin sought to suspend talks with European countries on pillar one until...
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Tim Sarson (KPMG) provides your monthly round up of developments in the international tax arena.
Taxation of the digital economy
Despite the disruption being caused across the globe by the Covid-19 pandemic the OECD has remained steadfast in its commitment to delivering a consensus-based solution for pillar one before the end of 2020. Back in March it was confirmed the OECD Secretariat team was still working full steam on the project and virtual meetings and adapted working methods would be used to allow all participants to continue working towards reaching a political decision on the key components of a multilateral consensus-based solution at the Inclusive Framework plenary meeting scheduled for 1-2 July 2020 in Berlin.
However preparations for this meeting were dealt a major setback earlier this month when US Treasury Secretary Steven Mnuchin sought to suspend talks with European countries on pillar one until...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
