Just published: the OECD Secretary-General’s Tax Report to G20 Finance Ministers and Central Bank Governors.
The Report has been published in advance of the G20 meeting scheduled for 9 and 10 July in Venice.
Among other things, it gives an update of the work of the Inclusive Framework, i.e the Two Pillars proposals. From the Report, we learn that one more IF member (Peru) has signed up to the agreement published on 1 July. The Secretary-General is ‘confident’ that the other eight members (who did not sign up) will also come on board. (I’m far less optimistic on this point.)
So far, no solid reasons given for the hold-out from Nigeria and Kenya. We’ll find out soon enough.