OECD: Public consultation on tax incentives
Comments are due February 11, 2025.
The Platform for Collaboration on Tax (PCT) in December 2024 released a public consultation draft titled “Tax Incentives Principles.”
The draft outlines principles in six areas: justification, design, international considerations, legislation, implementation, and evaluation of incentives. These principles build on the 2015 PCT report on the effective and efficient use of tax incentives for investment in low-income countries.
The PCT is seeking input on the suitability and balance of these principles, areas that may require additional guidance, and suggestions for refining the principles based on practical experiences with tax incentives. Comments are due February 11, 2025.
Read a February 2025 report prepared by the KPMG’s EU Tax Centre