The ITPF News Blog is managed by the students at the University of Florida Levin College of Law International Tax LLM Program.
By Stephanie Soong Johnston
The OECD aims to complete a multilateral convention and model legislation by the end of 2021 or early 2022 so countries can start implementing new rules under a two-pillar global tax reform deal in 2023. During a July 16 OECD podcast, Pascal Saint-Amans, director of the OECD’s Centre for Tax Policy and Administration, discussed translating the political agreement that more than 130 countries struck in recent weeks into concrete implementation. “The next step is finalizing the political deal in October. There is not much to do, just a few numbers to firm up,” Saint-Amans said. “The following step will be the implementation to move from a political agreement to legislation.”
Read More International Tax News