G7 Leaders Looking to Open Multilateral Convention on Pillar One for Signature by End of June 2024

On 14 June 2024, the Apulia G7 Leaders' Communiqué was issued. Among other things, one notable point of the Communiqué is a commitment of the leaders to finalize the work within the OECD/G20 Inclusive Framework, with a view to open for signature the Multilateral Convention on Pillar One by the end of June 2024:

We reiterate our strong political commitment to a more stable and fairer international tax system, fit for the 21st century. We are committed to finalizing the work within the OECD/G…