The European Commission has proposed a directive to implement the OECD’s new global tax rules, including the 15% minimum tax rate for corporations. The directive ‘reflects the global OECD agreement, with some necessary adjustments, to guarantee conformity with EU law’, the text states. The proposal is based on the OECD’s Model Rules, released in December … Continue reading EU issues draft directive to implement Pillar Two of OECD’s global tax rules