India's Ministry of Finance has reportedly stated that it will not agree to the implementation of Pillar 1 of the OECD's two-pillar solution on the reallocation of taxing rights until certain concerns are addressed. Among other things, this includes concerns regarding dispute resolution, which India does not want subject to international arbitration, as well as concerns regarding the treatment of withholding tax. At the same time, the Ministry has appointed a panel to prepare for the implemen…