The OECD-sponsored overhaul of global tax regimes is one step closer to reality, though its ultimate adoption is not guaranteed. In the article, “With Global Tax Deal Close, It’s Time to Assess Implications,” Gottfried suggests that while the framework is at least a couple of years away from full implementation, it’s not too soon for companies to engage in some analysis of its impact on their effective tax rate and to incorporate the possibility of its adoption into their long-term planning.
The full article is available on the Bloomberg Tax website.
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