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20 September 2024

OECD: New treaty advances Pillar Two global minimum tax Subject to Tax Rule designed to protect tax bases in developing countries

Nine jurisdictions signed a new multilateral treaty that will allow early adopters to swiftly implement the new Pillar Two Subject to Tax Rule.

The Pillar Two Subject to Tax Rule (STTR) was agreed on a consensus basis by members of the OECD/G20 Inclusive Framework on BEPS, who also adopted an...

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