OECD’s Alarm on Coronavirus and the World Economy – Where Do Pillars 1 and 2 Fit In?

The Organisation for Economic Cooperation and Development (OECD) issued an interim economic assessment March 2, 2020, of the impact of the coronavirus on the world economy, stating a need for policies that will support growth. In this article, Jeff VanderWolk explains why the organization’s proposals under Pillars One and Two to increase corporate tax globally conflict with such policies.