New OECD guidance on filing global minimum tax returns is welcome, but concerns remain on whether some countries are ready to accept returns, a business group said Wednesday.
The gap between jurisdictions that are ready to accept the filings, called GloBE Information Returns, and those that aren’t “increases the risk of compliance friction,” said Business at OECD, or BIAC.
Read Bloomberg's article here: https://news.bloomberglaw.com/daily-tax-report-international/group-fears-countries-arent-ready-to-accept-oecd-info-returns