The OECD Public Consultation Document 'Secretariat Proposal for a 'unified Approach' under Pillar One': An Assessment

Abstract

This study aims to provide feedback to the OECD on its Public Consultation, launched on 9 October 2019. The sections of this document mirror the questions for public comment included in that Consultation.

This document consists of eight sections. After the overall assessment, each section initially indicates the specific point of the Public Consultation Document, then elaborates on the content of the main technical proposal by the IBFD TFDE, and finally includes the contribution of the IBFD TFDE to the Public Consultation Document. The latter constitutes a subordinate option, which the OECD Secretariat may take into account when evaluating possible amendments to its proposal. This document was finalized before the release of the Public Consultation Document on the "Global Anti-Base Erosion Proposal ("GloBE") - Pillar Two" of 8 November 2019.

Keywords: Taxation, Tax law, European taxation

JEL Classification: K33, K34, F13, E62, D78, E62, F02, F23, F42, H20, H22, H23, H25, H26, H87, O19, O23, O24