Lars von Jesche

On 19 February 2024, the OECD/G20 Inclusive Framework on BEPS released the “Report on Amount B of Pillar One” (‘the Report’). It comes as part of the OECD’s Two‐Pillar Solution to address the Tax Challenges Arising from the Digitalisation of the Economy. While under Pillar Two multinational enterprises (‘MNE’) shall be subject to tax in each jurisdiction at a 15% effective minimum tax rate regardless of where they operate, Pillar One is about the development of subject to tax rules and an implementation framework.