Professionals in the member firms of KPMG International (“KPMG”) welcome the opportunity to comment on the OECD’s public consultation document entitled “Reports on the Pillar One and Pillar Two Blueprints” released on 12 October 2020 (the “Consultation Document”).

The Consultation Document contains many detailed questions. For ease of reading, we have divided our response into thematic headings, cross referencing the question numbers in that document. We have not answered all of the questions, but instead concentrated on those where we consider we can best contribute to the process.

Our responses fall into three areas: simplification measures; measures to minimize double taxation and avoid disputes; and miscellaneous considerations.

To continue reading the full document follow this link.