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OECD chief optimistic global tax deal can be ready by G20 summit


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Economy2 hours ago (Oct 06, 2021 12: 46PM ET)

OECD chief optimistic global tax deal will be ready by G20 summit
© Reuters. FILE PHOTO: OECD’s incoming Secretary-Fashioned and old Australian Finance Minister Mathias Cormann delivers a speech at a handover ceremony in which he takes on the role of Secretary-Fashioned of the Organisation for Economic Co-operation and Developm

PARIS (Reuters) – OECD chief Mathias Cormann said on Wednesday that he changed into optimistic that a world company tax overhaul can be finalised in time for a G20 summit on the end of this month.

“This day I am quietly optimistic that in time for the G20 leaders summit that we are going to be ready to finalise an agreement,” Cormann advised a news conference on the Paris-primarily based organisation with U.S. Secretary of Dispute Antony Blinken.

Blinken said that he shared the optimism and that correct development had been made within the final couple of days.

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