OECD to Release New Data on Impact of US Global Tax Carve-Out

The OECD is planning to release a report in July on the impact of the global minimum tax following a January agreement that carves out US multinationals from key parts of the minimum levy’s framework.

“While we are still in the early days of implementation, next month, we will publish information that updates our economic impact assessment with respect to the global minimum tax,” Manal Corwin, director of the Organization for Economic Cooperation and Development’s Center for Tax Policy and Administration, said Monday.

The report will update previous impact assessments with more recent data, improved modeling, and the latest information ...