The Tax Break Podcast | Global tax reform for large multinationals

Osborne Clarke.TV Podcasts

In our latest podcast, Veronica McMahon, senior technical specialist in our Tax Group is joined by Erika Jupe, who leads the International Tax Practice Group in the UK. They discuss the tax challenges arising from globalisation and the digitalisation of the economy, with particular reference to the latest progress and announcements from the OECD, G20 and G7 confirming an agreed global solution. The speakers then look at the content of the latest announcement on 1 July on the OECD/G20 Inclusive Framework which supports the OECD's two pillar approach and builds on the communique published by the G7 in June. The speakers also consider the potential stumbling blocks on the way to a globally agreed solution and what large multinational companies may need to do to prepare for the advent of any new rules, which could come as early as 2023.