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OECD launches public consultation on the tax challenges of digitalisation with the release of a first building block under Pillar One

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OECD launches public consultation on the tax challenges of digitalisation with the release of a first building block under Pillar One

Following the agreement reached in October 2021 by over 135 members of the OECD/G20 Inclusive Framework on BEPS to a two-pillar solution to address the tax challenges arising from digitalisation and globalisation of the economy, work on the implementation of the two-pillar plan is well underway. As part of this next phase, the Inclusive Framework will consult stakeholders on a number of aspects of Pillar One and Pillar Two over the coming months.

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