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Intergovernmental Group of Twenty-Four Calls for Finalization and Simplification of Pillar 2 Rules for Emerging Markets and Developing Economies

|Proposed Changes|Intergovernmental Group of Twenty-Four ( ...
Intergovernmental Group of Twenty-Four (G-24)

The Intergovernmental Group of Twenty-Four (G-24) has issued a communiqué following a Ministers and Governors meeting held on 11 October 2022, including calls for the finalization of the subject to tax rule under Pillar 2, as well improvements to simplify the administration of the rules for emerging markets and developing economies (EMDEs). In this respect the communiqué states the following:

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