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The OECD’s public consultation on the Progress Report on Amount A of Pillar One (‘The Progress Report’) was held on 12 September 2022. This alert provides an overview of the consultation meeting and some initial observations. 

The OECD previously released the Progress Report on Amount A of Pillar One on 11 July 2022, with comments due 19 August 2022. The Progress Report contains design rules for different building blocks relating to the new taxing right under Amount A. These rules include proposals, seen for the first time, for the marketing and distribution safe harbour (MDSH) and the elimination of double tax. They also include updates to rules on other building blocks based on previous consultations.

The public meeting provided insights from the OECD and the Task Force on the Digital Economy (TFDE), as well as panels representing a range of views from those who submitted written comments on the Progress Report.