OECD Global Minimum Taxation Rules and IP Regimes
The OECD Pillar Two Blueprint published on 12 October 2020 is aimed at addressing challenges relating to the taxation of the digital economy. Curiously, the Pillar Two Blueprint appears to conflict with the position taken by the OECD in 2015 with respect to its final report on BEPS Action 5 and the use of special IP tax regimes, which recognised the importance of R&D as a key driver of growth.
For more information on this please contact Philip McQueston or any member of our Tax team.
Date published: 30 April 2021