Tax News Update    Email this document    Print this document  

April 9, 2019
2019-0728

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.

This EY publication, attached below, provides additional details and information.

———————————————
ATTACHMENT

Full text of this publication

 

The information contained herein is general in nature and is not intended, and should not be construed, as legal, accounting or tax advice or opinion provided by Ernst & Young LLP to the reader. The reader also is cautioned that this material may not be applicable to, or suitable for, the reader's specific circumstances or needs, and may require consideration of non-tax and other tax factors if any action is to be contemplated. The reader should contact his or her Ernst & Young LLP or other tax professional prior to taking any action based upon this information. Ernst & Young LLP assumes no obligation to inform the reader of any changes in tax laws or other factors that could affect the information contained herein.

 

Copyright © 1996 – 2024, Ernst & Young LLP

 

All rights reserved. No part of this document may be reproduced, retransmitted or otherwise redistributed in any form or by any means, electronic or mechanical, including by photocopying, facsimile transmission, recording, rekeying, or using any information storage and retrieval system, without written permission from Ernst & Young LLP.

 

EY US Tax News Update Master Agreement | EY Privacy Statement