OECD: Progress report on administration and tax certainty aspects of Amount A of Pillar One; public consultation
The OECD is seeking public comments on a Progress Report on the Administration and Tax Certainty Aspects of Amount A of Pillar One
Progress report on administration and tax certainty aspects of Amount A of Pillar One
The Organisation for Economic Cooperation and Development (OECD) today issued a release seeking public comments on a Progress Report on the Administration and Tax Certainty Aspects of Amount A of Pillar One [PDF 3.6 MB]—part of the ongoing work of the OECD/G20 Inclusive Framework on base erosion and profit shifting (BEPS) in implementing the two-pillar solution to address the tax challenges arising from the digitalisation of the economy.
As explained by today’s OECD release,
- Following the release and subsequent public consultation on the Progress Report on Amount A of Pillar One [PDF 1.5 MB] in July 2022, which included a consolidated version of the operative provisions on Amount A (presented in the form of domestic model rules), the OECD has now prepared a report on the administration of the new taxing right, including the tax certainty related provisions.
- The report is a consultation document released for purposes of obtaining further input from stakeholders on the technical design of Amount A.
- Comments are sought on the processes and rules contained in the document.
- When relevant, input needs to refer to the relevant section of the rules.
- While comments are invited on any aspect of the rules and procedures, input will be most helpful that explains the additional guidance that would be needed to improve the application of the rules and procedures, as well as input on whether anything is missing or incomplete.
Comments are requested by 11 November 2022, and instructions for submitting comments can be found in the consultation document.
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