Tax Avoidance: Base Erosion and Profit Shifting

Lord Fowler Excerpts

Monday 2nd November 2020 Lords Chamber

[Baroness Penn (Con)]

I am pleased to tell my noble friend that progress is still being made on these actions, despite the global pandemic. On 12 October, the OECD published its Reports on the Pillar One and Pillar Two Blueprints, regarding the new work going forward. The UK is working with the OECD to support multilateral implementation, having supported and implemented all the key components itself. The OECD published a progress report this year on actions taken.

[The Lord Speaker (Lord Fowler)]

My Lords, the time allowed for this Question has elapsed.