OECD consults on definition of permanent establishment
[ad_1] The OECD seeks to provide clarity on what constitutes a permanent establishment for activities in connection with the exploration or exploitation of extractible natural resources. The most significant feature of the proposed additions to the OECD’s model tax convention commentary is a lower threshold for when a permanent establishment (PE) is deemed to be […]
OECD makes progress in pillars one and two
[ad_1] Members of the inclusive framework agree not to introduce unilateral digital services taxes before 2025. An outcome statement agreed by 138 members of the G20/OECD inclusive framework on BEPS, published on 12 July 2023, sets out the remaining items to be resolved that relate to the formulation of amount A of pillar one (a […]