Multilateral Agreement of 130 jurisdictions providing a framework for international tax reform (BEPS 2.0)
DOI:
https://doi.org/10.51302/rcyt.2021.7409Keywords:
international taxation, BEPS Initiative, global minimum corporate taxation, digital economy taxation, double tax treatiesAbstract
This study analyzes the content and implications of the multilateral agreement reached on July 1, 2021 by 130 member jurisdictions of the BEPS Inclusive Framework for the reform of the international tax system. The multilateral agreement only establishes the fundamental principles and elements for the reform of the referred system based on the so-called Pillars 1 and 2 of the BEPS 2.0 Project. These Pillars refer, on the one hand, to the adaptation of the international tax system to the digital economy, and on the other, to the establishment of minimum global taxation measures for taxing the profits of large multinational companies. This work constitutes a continuation of the study published by the same author in this journal (Revista de Contabilidad y Tributación. CEF, 456, marzo 2021).
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