There are still several areas that remain ambiguous or create undue complexity and should, therefore, be addressed through clarifications and simplification measures.
GFIA has publish its response
to a consultation conducted by the Organisation for Economic
Cooperation and Development (OECD) on its draft implementation framework
for a global level of minimum taxation.
Global insurers
understand and support the work already undertaken to effectively
formulate mechanisms that will ensure tax administrations and
multinational enterprises can implement and apply global anti-base
erosion rules in a consistent and coordinated manner.
There
are, however, still several areas that remain ambiguous or create undue
complexity and should, therefore, be addressed through clarifications
and simplification measures. These are outlined in GFIA’s response.
GFIA
© GFIA - Global Federation of Insurance Associations
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