OECD Says Up to 80 Countries Will Soon Adopt Global Minimum Tax

The number of countries adopting global minimum tax rules is likely to double over the next couple of years, according to a senior official at the OECD.

The Organization for Economic Cooperation and Development forecasts “somewhere between 60 to 80 jurisdictions” to adopt the rules in the coming years, said John Peterson, head of division for cross-border and international tax at the organization.

“There is sufficient critical mass of countries that it makes sense now for other countries to adopt,” he said Wednesday at an International Fiscal Association conference in New Delhi. The estimates are based on OECD’s ...