Inclusive Framework BEPS Agreement Inclusive Framework BEPS Agreement Inclusive Framework BEPS Agreement

On 1 July 2021, in a historic agreement, 130 countries approved a statement providing a framework for reform of the international tax rules. The statement sets forth the key terms for an agreement of a two-pillar approach to reforms and calls for a comprehensive agreement by the October 2021 G20 Finance Ministers and Central Bank Governors meeting, with changes coming into effect in 2023.