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June 11, 2019
Global debate over revisions to nexus and profit allocation rules affects all multinational business
The OECD’s recently unveiled Workplan on addressing the digitalization of the economy, envisions global agreement on revised nexus and profit allocation rules and new minimum tax rules, which will have significant implications well beyond digital companies and digital business models. There are 129 jurisdictions participating in the OECD project, which has an aggressive timeline of consensus agreement on new rules in 2020. Tune in on 18 June 2019 for EY’s global thought center webcast on the OECD Workplan and what the new rules would mean for multinational businesses (register here and bookmark to hear the replay here). Listen to a webcast replay from EY's April webcast to hear a global panel explain how the OECD proposals affect where and how profits derived from global business operations will be taxed and what the repercussions are for the business operations of taxpayers.