09 April 2019 Broader than digital | The OECD's latest proposals would impact most multinationals The Organisation for Economic Co-operation and Development's (OECD) latest consultation document reaches far beyond a focus on digital taxation to present options that could sweep in many industries and companies that would not consider themselves "digital." Options proposed would modify long-standing nexus and profit allocation rules and would seek to address base erosion by generally requiring a global minimum tax. The United States has become a key player in the discussions around these OECD proposals. Given the far-reaching implications of the proposals, this is an area US multinational companies should closely monitor. Document ID: 2019-0728 |