Implementation Framework of the global minimum tax

Completion of technical work on GloBE Rules and Commentary

Last December, the OECD/G20 Inclusive Framework on BEPS published the Global Anti-Base Erosion (GloBE) Rules as part of a landmark agreement on a two-pillar solution to reform the international tax framework in response to the challenges of digitalisation of the economy. Once implemented into domestic law, the GloBE Rules will provide a co-ordinated system to ensure that Multinational Enterprises (MNEs) with revenues above EUR 750 million pay at least a minimum level of tax – at 15% – on the income arising in each of the jurisdictions in which they operate.

Today the Inclusive Framework released the Commentary on the GloBE Rules, which provides MNEs and governments with detailed and comprehensive technical guidance on the operation and intended outcomes under the rules.

The next step in the work on the GloBE rules turns to the development of the Implementation Framework as agreed under the Detailed Implementation Plan set out in the October Statement. The GloBE Implementation Framework will facilitate the co-ordinated implementation and administration of the GloBE Rules. It will provide agreed administrative procedures, such as filing obligations, and multilateral review processes as well as consider the development of safe harbours to facilitate compliance by MNEs and administration by tax authorities.

Persons interested in commenting on the Implementation Framework, including issues that should be addressed therein, are invited to send their written comments no later than 11 April 2022. Comments should be sent electronically (in Word format) by e-mail to taxpublicconsultation@oecd.org and may be addressed to: International Co-operation and Tax Administration Division, OECD/CTPA.

A public consultation meeting will be held virtually on 25 April 2022, to register visit the event page.

Please note that all written comments received will be made publicly available on the OECD website. Comments submitted in the name of a collective "grouping" or "coalition", or by any person submitting comments on behalf of another person or group of persons, should identify all enterprises or individuals who are members of that collective group, or the person(s) on whose behalf the commentator(s) are acting.

Published 13 April 2022

The OECD is grateful to the commentators for their input and now publishes the public comments received.

• Download comments (Zip file, 17MB - Please open from a computer/laptop) Updated 27 April 2022

Enquiries should be directed to Achim Pross (+33 1 45 24 98 92), Head of International Co-operation and Tax Administration Division at the OECD Centre for Tax Policy and Administration (CTPA) or to John Peterson (+33 1 45 24 74 41), Head of CTPA’s Aggressive Tax Planning Unit or to taxpublicconsultation@oecd.org.