Bloomberg Tax
Nov. 28, 2022, 5:28 PM UTC

OECD Optimistic on Global Tax Pact Amid EU Minimum Tax Impasse

Stephen Gardner
Stephen Gardner
Jan Stojaspal
Jan Stojaspal
Freelance Correspondent

Advances have been made in the technical implementation of both pillars of the global tax deal, Mathias Cormann, secretary-general of the OECD, said Monday at a Tax Symposium organized by the European Commission.

He said he remained “cautiously optimistic” that the two-pillar tax agreement would be implemented, despite doubts heard from other speakers at the symposium.

Marnix van Rij, Dutch state secretary for tax affairs, warned at the symposium that failure to agree on European Union implementation of the 15% global minimum tax at a finance ministers’ meeting Dec. 6 could lead some countries to seek to sidestep the EU’s ...

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