India G20 | G20 Presidency & South Centre Event on International Taxation concludes at Nagpur

The G20-South Centre Capacity Building Event on International Taxation, titled “Two Pillar Solution – Understanding the Implications for the Global South”,  hosted two panel discussions on the Two-Pillar Solution and its alternatives. The focus of the discussions was on the impact of the Two-Pillar Solution on developing economies.

In related news, the OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting (IF) has achieved a significant breakthrough by agreeing on a two-pillar solution to address tax challenges arising from digitalization. During the event, Indian tax administrators and policymakers actively engaged in deliberations on the IF’s “Two Pillar Solution,” specifically examining the taxation of the digital economy and the concept of a global minimum tax.

Renowned international tax experts from esteemed multilateral organizations, including the United Nations Tax Committee, Tax Justice Network Africa, West African Tax Administration Forum (WATAF), and Independent Commission for Reform of International Corporate Taxation (ICRICT), participated as panelists, offering valuable insights and enriching the Global South’s understanding of the Two-Pillar Solution.

The event also included a workshop on Tax Treaty Negotiations. This initiative, led by the Indian Presidency, aimed to enhance capacity building for Indian tax officials at senior and middle management levels in the field of International Taxation, with a focus on the global south perspective.