Recent developments include implementation of BEPS minimum standards and Two-Pillar solution
The Organisation for Economic Cooperation and Development (OECD) today published the OECD Secretary-General Tax Report to G20 Finance Ministers and Central Bank Governors (G20 South Africa, February 2025), setting out recent developments in international tax cooperation, including the OECD’s support of G20 priorities such as implementation of the base erosion and profit shifting (BEPS) minimum standards, the Two-Pillar solution to address the tax challenges arising from the digitalization of the economy, and tax transparency, as well as updates on initiatives to enhance tax certainty, and tax administration.
Key updates concern: