Recent Developments Relating to the Implementation of Amount A of OECD Pillar 1

Speakers at a meeting of the European Parliament’s subcommittee on tax matters (FISC) held 28 March discussed progress around Amount A of the OECD Pillar 1 initiative.

The inclusive framework is still on track to finalize the multilateral convention so countries can start signing it by mid-2023, Achim Pross, deputy director of the OECD’s Centre for Tax Policy and Administration, told the FISC. He reiterated the OECD’s updated and better-than-expected projections that pillar 1 is likely to a…