OECD Consultation on tax base determination under Pillar One

Amount A of Pillar One introduces a new taxing right over a portion of the profit of large and highly profitable enterprises for jurisdictions in which goods or services are supplied or consumers are located. The OECD has launched a public consultation on the model rules being proposed by the OECD for the determination of the tax base – the measure of profit that forms the basis for partial reallocation under Amount A rules.

 

Stakeholders are invited to submit feedback by 4 March 2022 – Click here for details.

 

source: OECD.org