CCIA Statement As G20 Finance Ministers Endorse Agreement on Global Tax Reform

Washington — G20 Finance Ministers met in Washington DC today and endorsed the new global tax agreement reached by negotiators at the Organization for Economic Cooperation and Development meeting last week. G20 ministers had tasked the OECD to undertake this broader tax reform initiative initially and today’s endorsement is therefore an important milestone. More than…

CCIA Welcomes Historic Global Tax Reform Agreement

Brussels, BELGIUM – At a Organization for Economic Cooperation and Development (OECD) meeting Friday more than 130 countries reached consensus on an historic global tax reform agreement for the 21st Century. The agreement, which comes after years of negotiations, includes a minimum corporate tax rate with the largest corporations additionally paying taxes in all jurisdictions…

CCIA Statement Ahead Of Expected Agreement On Historic Global Tax Reform Friday

Brussels, BELGIUM – Negotiators from over 130 countries are expected to work out the blueprint on global tax reform through the Organization for Economic Cooperation and Development (OECD) Friday. The breakthrough comes after years of work to update the international tax system to the 21st Century.  The agreement includes a minimum corporate tax rate with…

CCIA Statement on Global Agreement on Tax Reform, Urges Immediate Removal of Digital Services Taxes

Brussels, BELGIUM — The Organisation for Economic Cooperation and Development announced the details of an international tax reform plan negotiated and endorsed by representatives from 130 countries, as part of the OECD/G20 Inclusive Framework. Parties expect to finalise an implementation plan and discuss technical details by October 2021. The Computer & Communications Industry Association has…

CCIA Welcomes G20 Tax Reform Progress, Warns Against EU Digital Levy

Brussels, BELGIUM — G20 Finance Ministers today met and reconfirmed their commitment to “reaching a global and consensus-based solution … by mid-2021” on global tax reform. Today, CCIA filed comments in response to the European Commission’s consultation on its digital levy proposal which is expected in June 2021. The comments confirm that “CCIA strongly supports…

CCIA Welcomes New Momentum towards Global Tax Reform at G20 Finance Ministers Meeting

Brussels, BELGIUM — A meeting of G20 Finance Ministers today showed strong signs of broad support for reaching an agreement this year on global tax reforms through the OECD  negotiations. This was the first meeting with incoming U.S. Treasury Secretary Janet Yellen, who stated the U.S. “was committed to the multilateral discussions on both pillars…

CCIA Offers OECD Comments Supporting Global Tax Reform

Brussels, BELGIUM — The Computer & Communications Industry Association offered comments today on the OECD Secretariats’ Blueprints regarding the OECD/G20 Inclusive Framework Public Consultation Document on the Reports on the Pillar One and Pillar Two Blueprints. The Blueprints regarding Pillar 1 & 2 were released in October 2020 and seek to propose a consensus-based approach…

CCIA Statement on Negotiations on Global Tax Reform

The following can be attributed to Computer & Communications Industry Association Vice President and Head of CCIA’s European office in Brussels Christian Borggreen: “We continue to support global tax reform. The high level of ambition and complexity of these international negotiations means that this process will take time.  “As governments seek to finance their economic…