The OECD’s Two Tax Pillars on Digitalization – A Multilateral Project in Search of a Shared Purpose

    View Author 30 September 2020

    It now seems fairly clear that consensus will not be reached anytime soon on various aspects of the Organization for Economic Cooperation and Development’s draft ‘‘blueprints’’ for Pillars 1 and 2 of the multilateral program of work regarding the tax challenges of digitalization. The project, undertaken by the OECD-led, 137-member Inclusive Framework on Base Erosion and Profit Shifting, has been going for about three years now. The original plan was to finish it by the end of this year, but progress has been slowed both by the pandemic and by political disagreements.

    *This article was first published in Bloomberg Tax on September 28, 2020.