OECD tax chief fears pillar two will not find support without pillar one

July 14 2020

The US Treasury’s Office of Tax Policy proposes global minimum tax rate floor under pillar two at 15%

The OECD’s two-pillar proposal to address the tax challenges of the digitalised economy are technically different, but it is unlikely that one pillar would be adopted without the other, according to the OECD’s Pascal Saint-Amans.

Unlock this content.

The content you are trying to view is exclusive to our subscribers.

To unlock this content:

Take a Free Trial or Login

Topics

Poland Portugal Philippines Qatar United States Israel Italy Ghana Isle of Man Jersey Jordan Oman Jamaica Japan Paraguay Peru Pakistan Kazakhstan Panama Slovenia Armenia South Africa Singapore Antigua and Barbuda Slovak Republic Argentina Global Australia Romania Albania Russia Nicaragua Angola Serbia Algeria San Marino Saudi Arabia Andorra Monaco Mauritius Mexico Morocco Mongolia Montenegro North Macedonia Gibraltar Greece Georgia Germany Guernsey Malta Gulf Cooperation Council Greenland Malaysia Guatemala Nigeria News Netherlands Antilles New Zealand Norway OECD Honduras Hong Kong SAR India Indonesia Hungary Iceland Myanmar Ireland Netherlands Iran Mozambique Iraq Cuba Curaçao Central America Rwanda Transfer Pricing Chile Direct Tax Chad G20 Costa Rica Croatia China Colombia Latvia France Kuwait Laos Lithuania Luxembourg Lebanon Liechtenstein Denmark Ecuador Cyprus Czech Republic Kenya European Union Finland Kosovo Egypt Estonia Tunisia Belize Tanzania Barbados Thailand Belgium United States Outbound United Nations Puerto Rico Austria Spain Sri Lanka Azerbaijan South Korea Switzerland Bahrain Bangladesh Taiwan Sweden Bahamas Venezuela Canada Vietnam Cayman Islands United States Inbound Bolivia Uganda Bosnia and Herzegovina Turkey United Arab Emirates Bermuda Bulgaria Cambodia Uruguay United Kingdom Brazil Ukraine British Virgin Islands Jurisdictions

Danish Mehboob

Senior Reporter ITR

Danish reports on all matters of direct tax and BEPS. He covers a range of tax issues in these areas and what multinationals are doing to manage the tax burdens. Danish also specialises in tax technology and data management.

more across site & shared bottom lb ros

More from across our site

Direct Tax

Helsinki, Finland

Finnish government accused of unsubstantiated corporate tax claim

A German economics professor was reportedly ‘irritated’ by how the Finnish ministry of finance used his data

Sam Sholli, May 12 2025

Direct Tax

Global digital

Global tax equity: confronting base erosion in the digital economy

Countries that care about the fair taxation of tech multinationals and equitable global distribution of wealth should back the UN’s tax framework, writes economist Abdelmalek Riad

Abdelmalek Riad, May 09 2025

Direct Tax

Internal Revenue Serice Sign

This week in tax: IRS has lost 11% of its workforce, report finds

The cuts disproportionately affected staff in certain positions, the report also found; in other news, MHA announced the €24m acquisition of Baker Tilly South East Europe

Sam Sholli, May 09 2025

Transfer Pricing

India sets APA resolution targets in 2025/26 action plan

The plan aims to improve the efficiency, transparency, and effectiveness of direct tax administration in India

Sam Sholli, May 08 2025

Direct Tax

Part of Eton College viewed from playing fields

This month in indirect tax: UK denies private school VAT breaches human rights law

Meanwhile, South Africa’s finance minister has accepted a court decision on suspending a VAT increase and US President Donald Trump mulls a 100% tariff on foreign films

Sam Sholli, May 07 2025

Direct Tax

Jaime Carey, president of the International Bar Association

IBA president: OECD’s two-pillar solution is ‘crucial’

Jaime Carey speaks about the benefits of his tax background, DEI values, the use of AI for a smarter legal practice, and other priorities that will define his presidency

Noemi Distefano, May 06 2025

Direct Tax

Oslo, Norway - 24 September 2022: PricewaterhouseCoopers or PWC

PwC to lay off ‘about 1,500 employees’ in US: report

Historically low levels of attrition over consecutive years made a ‘difficult decision’ necessary, PwC has reportedly said

Sam Sholli, May 06 2025

Direct Tax

kelly mgbor resized.jpg

WTS aims to capture PwC’s former francophone African footprint

WTS Global is also vetting new potential member firms in Algeria, Cote D’Ivoire and Benin, Kelly Mgbor tells ITR in an exclusive interview

Tom Baker, May 05 2025

Direct Tax

EU flag large

This week in tax: EU mulls pillar two revisions to placate US

The scope of qualifying pillar two tax credits could reportedly be broadened; in other news, hundreds of IRS appeals staff are to resign

Tom Baker, May 02 2025

Transfer Pricing

Europe map technology

Bilateral APAs have their moment

For many taxpayers, the prospect of long-term certainty that a bilateral APA offers can override concerns about time, cost and confidentiality

Ralph Cunningham, May 01 2025