Last October, the Organization for Economic Cooperation and Development (OECD) released its Pillar One and Pillar Two Blueprint, a plan that would fundamentally change tax rules between nations. The OECD also gave, until December 14th, an opportunity for public comments. In the comments we submitted, we concluded that the international community should pause and comprehensively reevaluate its approach, because of a number of serious overarching flaws that would hurt technological innovation, low-tax nations, poorer nations, and global economies.
But it will also significantly and negatively impact the environment, something that the OECD claims it wants to protect. Read here, in the Economic Standard, to find out more on this issue.