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Global tax reform: the OECD pillars

July 2021 marked a pivotal moment for the international tax system, with global consensus being reached on fundamental changes to key elements of the tax framework to meet the needs of a globalised and digitalised 21st century economy.

As of the beginning of June 2023, 139 of the 143 members of the OECD/G20 Inclusive Framework have signed up to the OECD’s October 2021 Statement on a Two-Pillar Solution. Our team can help you understand what has been agreed and what this means for your business.