Bloomberg Tax
Free Newsletter Sign Up
Bloomberg Tax
Welcome
Go
Free Newsletter Sign Up

UN Mulling Over Multilateral Treaty for Digital, Minimum Taxes

June 23, 2022, 2:40 PM

The United Nations Tax Committee is looking at developing a multilateral instrument that could help implement treaty-based digital tax and minimum tax rules, a UN official said.

A subcommittee of the UN Tax Committee—a 25-person group serving in their personal capacities, not representing governments—is proposing “to do work on the possibilities of a multilateral instrument, overlaid on existing treaties, which would allow speedy adoption of Article 12B”—a treaty article on digital taxation—as well as possibly Article 12A, a treaty article on fees for technical services, and a minimum tax provision known as the subject-to-tax rule, said Michael Lennard, chief of ...