TEI Comments on OECD Pillar Two GloBE Tax Certainty Consultation

On February 3, 2023, TEI provided comments to the Organisation for Economic Co-operation and Development ("OECD") regarding its public consultation on GloBE tax certainty under the OECD's two pillar approach to the tax consequences of the digitalization of the economy. The Institute's comments focused on preventing and resolving tax disputes arising from the GloBE rules. TEI recommended the OECD certify that jurisdictional laws implementing the GloBE rules are consistent with those rules, required jurisdictions adopting the GloBE rules commit to dispute resolution, among other things. TEI's comments were prepared under the aegis of its EMEA Direct Tax Committee, as were led by Ralf Thelsosen of Citco. Benjamin Shreck, TEI Tax Counsel, coordinated the preparation of the Institute's comments.

Read the Comments.