INTERNATIONAL TAX PLAZA - The OECD published the comments it received on the draft rules for scope under Pillar One Amount A

On April 22, 2022 the OECD published the comments it received on the draft rules for scope under Pillar One Amount A.

On April 4, 2022 the OECD opened a public consultation on the draft rules for scope under Amount A of Pillar One. With a closing date of April 18, 2022 the consultation period is relatively short. Amount A of Pillar One has been developed as part of the solution for addressing the tax challenges arising from the digitalisation of the economy. It introduces a new taxing right over a portion of the profit of large and highly profitable enterprises for jurisdictions in which goods or services are supplied or consumers are located (hereafter, “market jurisdictions”).

More information of the draft rules for scope as well as links to the consultation document (in English and French language) can be found in our article from April 4, 2022.

The comments the OECD published on April 22, 2022 in this respect can be downloaded here (NB it’s a zip file).

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