KPMG has submitted comments to the OECD relating to a consultation document on Pillar Two of the BEPS Inclusive Framework and the tax challenges associated with the digitalization of the economy.

On 8 November 2019, the OECD launched a consultation on a ‘Global Anti-Base Erosion (GloBE) Proposal’.

On 24 September 2019, the European Union (EU) General Court published its judgments on the alleged state aid measures afforded to two multinationals by the Netherlands and Luxembourg.

The Finance Bill 2019 contains measures to implement provisions to counteract tax mismatches arising from cross-border hybrid arrangements in accordance with ATAD2.