Jan 12, 2023
The Organisation for Economic Co-operation and Development (OECD) released the following guidance and public consultation documents on Pillar Two of Base Erosion and Profit Shifting (BEPS) 2.0 on 20 December 2022:
(1) Guidance on safe harbours and penalty relief (Not subject to public consultation), Please click:
(2) Public consultation document on the Global Anti-Base Erosion (GloBE) information return (GIR) (Comments due by 3 February 2023), Please click:
(3) Public consultation document on the tax certainty for the GloBE Rules (Comments due by 3 February 2023), Please click:
The guidance on safe harbours and penalty relief was approved by the OECD/G20 Inclusive Framework on BEPS (IF) on 15 December 2022. The two public consultation documents represent the work of the OECD Secretariat and do not reflect the final views of the IF.