Pillar One’s Reallocation of Taxing Rights: Has Anyone Consulted the U.S. Trade Representative?

Logo: Bloomberg Law

By Jefferson VanderWolk

On July 1, 2021, the OECD-led Inclusive Framework on BEPS announced that 130 countries had agreed on revised outlines of a two-pillar plan calling in part for a reallocation of taxing rights regarding certain large multinational businesses. The author discusses the proposed reallocation in light of the U.S. Trade Representative’s recent reports on digital services taxes. 

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By Jefferson VanderWolk, posted on Wednesday July 14, 2021

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