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OECD tax chief sees global corporate tax deal this year

Economic IndicatorsApr 21, 2021 10:15AM ET
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DUBLIN (Reuters) - A new dynamic in global corporate tax talks being coordinated by the Organisation for Economic Cooperation and Development (OECD) is likely to lead to a deal this year, the Paris-based body's head of tax said on Wednesday.

"There is momentum, there is a new dynamic that is likely to bring us to a resolution," Pascal Saint Amans told an Irish online conference, citing in particular a recent intervention by the new U.S. administration.

"There is a strong impetus, especially post-COVID where governments will expect their companies when they are back to profit not to locate these profits in low tax jurisdictions, while during COVID governments helped the companies through."

OECD tax chief sees global corporate tax deal this year
 

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Comments (1)
Felipe Daniel
Felipe Daniel Apr 21, 2021 11:01AM ET
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The momentum is called Joe Biden a useless president, it allows global organizations to take advantage of USA
 
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