Dutch Finance Minister Expects Agreement on Pillar One Next Week

The Dutch Finance Minister expects the Inclusive Framework (IF) to reach agreement on Pillar One during the IF meetings on 10-12 July, 2023. Today’s Progress Report on Pillar One  also supports this with the OECD Secretariat planning to release a package of the Multilateral Convention and the Explanatory Statement.

This was included in a draft agenda sent to the Dutch Parliament for the European ECOFIN Council meetings on 13/14 July, 2023. 

Under Article 57 of the EU Minimum Tax Directive, the EU Commission is required to submit a report to the EU Council by 30 June 2023, assessing the situation regarding the implementation of Pillar One.

This was issued today.

The progress report states:

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