Countries involved in the global tax pact negotiations are considering more guidance on its treatment of deferred losses in countries that have multiple levels of taxation.
“This is something we’re already working with the Inclusive Framework on,” Juan Carlos Perez Pena, adviser of aggressive tax planning at the OECD, said Monday during a session of the International Fiscal Association’s 2023 tax conference in Cancun, Mexico.
Perez Pena said after the discussion that the Inclusive Framework—a group of delegates from countries involved in talks on the agreement’s Pillar Two parameters—wants to issue more guidance on the minimum tax’s treatment ...