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OECD Outlines Global Tax Pact’s Dispute Resolution Framework (2)

May 27, 2022, 9:43 AMUpdated: May 27, 2022, 9:38 PM

The OECD is asking for feedback on measures to avoid and resolve disputes for companies affected by new international tax rules.

The Paris-based organization is requesting input on details of tax certainty measures under the 2021 global tax deal—a key aspect of a plan that has had many companies concerned they could face more tax disputes with governments.

Last year, 137 countries agreed to back a two-pillar plan to overhaul global taxation, including a reallocation of a portion of the profits of the world’s largest multinational companies—an element known as Pillar One—and a 15% global minimum corporate tax rate—known as ...