CCIA Welcomes Countries’ Commitment to Achieve Global Tax Reform in 2020, Warns against Unilateral Taxes

BY Heather Greenfield
January 31, 2020

Brussels, BELGIUM — Today the OECD Secretariat published the Statement by the OECD/G20 Inclusive Framework to address the tax challenges arising from the digitalisation of the economy. In the document “members of the Inclusive Framework affirm their commitment to reach an agreement on a consensus-based solution by the end of 2020.”  They intend “to reach agreement on the key policy features of the solution” already in “early July”.

The statement also notes that “critical policy differences remain which will have to be resolved”, e.g. pertaining to the companies within scope.

The Computer & Communications Industry Association welcomes the progress achieved by the Inclusive Framework countries. We encourage countries to deliver on their commitment to achieve a long-term, consensus-based global solution — which doesn’t ringfence the digital economy — this year. CCIA has long been a supporter of global tax reform and we filed comments on Pillar 1 of the OECD Secretariat’s proposal last November.

The following can be attributed to CCIA Vice President and Head of office Christian Borggreen:

“We welcome the progress made and countries’ commitment to achieve a consensus-based global tax solution by year’s end. We urge countries to pause unilateral tax plans and instead pursue a more ambitious, global tax reform.” 

For media inquiries, please contact Heather Greenfield [email protected]

Related Articles

CCIA Encouraged By Second Meeting of EU-U.S. Trade & Technology Council

May 16, 2022

Brussels, BELGIUM — EU and U.S. diplomats met in Paris on May 15-16 for the second meeting of the EU-U.S. Trade & Technology Council. Leadership discussed ongoing strategies for strengthening the transatlantic partnership and to address global trade challenges, with a particular focus on transatlantic response to the Russian invasion of Ukraine. The two sides…

Global Industry Recommendations on ITA Expansion

May 16, 2022

Washington — The Computer & Communications Industry Association joined over 40 other industry associations from around the world in a statement to support the launch of another round of negotiations of the Information Technology Agreement and expand product coverage of one of the World Trade Organization’s (WTO) most successful trade agreements. Since its creation in…

CCIA Statement on G7 Digital Economy Ministerial, Industry Recommendations

May 11, 2022

Washington — This week the G7 Digital Economy Ministers met under the G7 Germany presidency to discuss issues associated with the digital transformation in light of Russia’s war of aggression in Ukraine. G7 Digital Ministers’ also discussed shared priorities for the future of digitalization and governance frameworks for the development and application of new technologies. …