The OECD plans to issue a raft of global minimum tax guidance clarifying the treatment of certain businesses and accounting standards, an official said Thursday.
The pieces of guidance will address the treatment of joint ventures, local financial accounting standards, hyperinflationary currencies, and issues pertaining to real estate investment trusts, said Jeff Mitchell, a senior adviser at the Organization for Economic Cooperation and Development.
His comments were made during a panel focused on the global minimum levy at the 2026 DC Bar Tax Conference.
The global minimum tax, ...