On June 30th to July 1st, the 139 countries that are members of the Inclusive Framework on BEPS will meet online to discuss the “two pillar approach” they have been developing to reform the taxation of multinational business. The recent G7 agreement on reallocating some taxing rights for the “largest and most profitable” multinational companies…
The OECD secretariat recently proposed a “stock taking exercise” to “re-examine how international tax rules currently meet the needs of developing countries” leading potentially to a “new deal on international taxation as part of the international effort to rebuild economic life in the post Covid-19 era.” The OECD’s Pascal Saint-Amans has suggested that this may…
There is an international consensus that taxation is a critical means for financing sustainable development. It is estimated that a minimum tax to GDP ratio of 15% is required in order for countries to provide basic public goods and services such as infrastructure, healthcare, education, and security. However, despite Nigeria being the largest economy in Africa, it…
