Media Advisory - OECD to release new economic impact analysis of the Two-Pillar Solution to address the tax challenges arising from the digitalisation and globalisation of the[...]

13/01/2023 - The OECD will release on Wednesday 18 January an update to its ongoing work to assess the economic impact of the Two-Pillar Solution to address the tax challenges arising from digitalisation and globalisation of the economy.

This will include new estimates of the revenue impacts of reallocating some taxing rights over the largest and most profitable multinational enterprises to the markets where they operate (Pillar One), as well as the impact of implementing the global 15% minimum effective corporate income tax rate (Pillar Two).

The new estimates are based on updated data and incorporate many recently agreed design features on both pillars, many of which have not been accounted for in other studies.

The OECD will present the new economic impact analysis during a live webinar, starting at 15:00 CET on Wednesday 18 January.

• Journalists are invited to register to join the webinar.

• The new economic impact analysis will be published at 15:00 CET (14:00 GMT) at the following link, which can be included in news articles: https://oe.cd/eia. Journalists can request advance access under embargo, thereby undertaking to respect the OECD's embargo procedures, by emailing [email protected]. Embargoed material will be sent out a day in advance.

For further information on the release of the OECD's forthcoming economic impact analysis, contact Lawrence Speer (+33 1 4524 7970) in the OECD Media Office.

Working with over 100 countries, the OECD is a global policy forum that promotes policies to preserve individual liberty and improve the economic and social well-being of people around the world.

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