It’s the “World’s Hottest Economic Debate,” according to the New York Times. The global corporate tax system is heading toward its biggest change in more than a century. Talks at the OECD are reaching a critical phase on a potentially revolutionary reform of where and how much multinational corporations will pay.
Pascal Saint-Amans, the OECD’s Director of the Center for Tax Policy and Administration, is leading the OECD’s work and will share his thoughts on the prospects of reform.
On October 9, the OECD published new draft proposals. On October 18, the G20 issued a statement of support. On January 31, 137 countries that participated in the talks overseen affirmed “ their commitment to reach an agreement on a consensus-based solution by the end of 2020.”
Several countries are considering or have implemented national digital tax schemes which have provoked trade tensions with the United States. The OECD’s cautions against national digital taxes, warning that “uncoordinated unilateral tax measures” would “undermine the relevance and sustainability of the international tax framework, and would damage global investment and growth.” France recent suspension of payments into its digital tax heeded off US trade retaliation and gave impetus to global tax reforms.
Entry is open and free of charge, thanks to support from the Computer & Communications Industry Association (CCIA Europe).
Registration and light lunch from 12.30 – meeting from 13.15 to 14.30