G7 leaders need to settle key details to secure pillar one plan

Leanna Reeves

June 17 2021

The G7 agreement must be validated by G20 meeting in October

G7 leaders must ensure that the tax deal is approved at the G20 level as profit allocation rules are set to replace digital taxes. Taxpayers expect more work on the calculation of profit margins.

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

News Transfer Pricing

Leanna Reeves

Senior Reporter ITR

Leanna covers transfer pricing developments and court rulings. She writes about jurisdictions' alignment with OECD standards, profit shifting via TP arrangements, and other topics including tax reforms across the world. Leanna also reports on anti-money laundering legislation and the BEPS project.

more across site & shared bottom lb ros

More from across our site

Direct Tax

A&M launches in Japan with three ex-‘big four’ tax hires

Former EY and Deloitte tax specialists will staff the new operation, which provides the firm with new offices in Tokyo and Osaka

Sam Sholli, October 16 2025

Transfer Pricing

TP challenges in West and Central Africa

TP is a growing priority for West and Central African tax authorities, writes Winnie Maliko, but enforcement remains inconsistent, and data limitations persist

Winnie Maliko, October 16 2025

Direct Tax

HMRC launches expert panel to better R&D tax relief system

The UK tax agency has appointed six independent industry specialists to the panel

Sam Sholli, October 15 2025

Direct Tax

White & Case poaches Paul Hastings tax duo in London

The two tax partners have significant experience and expertise in transactional and tax structuring matters

Sam Sholli, October 15 2025

Direct Tax

Skadden ‘reimagining the UK tax department’ with Goodwin Procter hire

Katie Leah’s arrival marks a significant step in Skadden’s ambition to build a specialised, 10-partner London tax team by 2030, the firm’s European tax head tells ITR

Tom Baker, October 15 2025

Direct Tax

Becoming 'the firm of choice': Ryan president on Dhruva investment

Increasingly, clients are looking for different advisers to the established players, Ryan’s president for European and Asia Pacific operations tells ITR

Sam Sholli, October 14 2025

Direct Tax

Luxembourg investment carve-out brings clarity to the market, advisers say

Using tax to enhance its standing as a funds location is behind Luxembourg’s measures aimed at clarifying ATAD 2 and making its carried interest regime more attractive

Ralph Cunningham, October 13 2025

Direct Tax

A taxing week: Why tax isn’t boring

Encompassing everything from international scandals to seismic political events, it’s a privilege to cover the intriguing world of tax

Sam Sholli, October 10 2025

Direct Tax

This week in tax: Frank Bisignano announced as inaugural IRS CEO

In his newly created role, current SSA commissioner Bisignano will oversee all day-to-day IRS operations; in other news, Ryan has made its second acquisition in two weeks

Sam Sholli, October 10 2025

Indirect Tax

Taxing the borderless: Indonesia’s new playbook for foreign digital VAT

In the age of borderless commerce, money flows faster than regulation. While digital platforms cross oceans in milliseconds, tax authorities often lag. Indonesia has decided it can wait no longer

Gitarani Prastuti , October 09 2025