The next five years are crucial in preserving progress on multilateralism, a top OECD official said as she laid out the case for further global tax cooperation after January’s landmark minimum-tax deal.
In a pitch for further cooperation among countries, Fabrizia Lapecorella, deputy secretary-general at the Organization for Economic Cooperation and Development, said the forces driving pressure on the international tax system aren’t going away.
“What we do over the next three to five years will determine whether the framework painstakingly built over the last decade holds together or fragments in ways that will take a generation to repair,” ...