Justine Bielik

Feb 25, 2025 | lexology.com | Geoff Cook |Ben Robins |Justine Bielik

The OECD's Global Tax Initiatives The United States' withdrawal from the Organisation for Economic Cooperation and Development (OECD) global tax agreement has rocked the international tax landscape. The OECD's twin initiatives - Pillar I and Pillar II - were designed to address the digital economy's tax challenges and introduce a global minimum corporate tax rate.

Jan 20, 2025 | mourant.com | Geoff Cook |Ben Robins |Justine Bielik

The U.S. withdrawal has triggered fresh challenges for IFCs, including for jurisdictions that had already taken steps to align with the OECD's tax initiatives, such as economic substance requirements and enhancing transparency arrangements. Tax-neutral jurisdictions like the Cayman Islands and BVI have traditionally implemented economic substance laws and exchange-of-information agreements to maintain global legitimacy.

Oct 16, 2024 | lexology.com | Ben Robins |Eléonore Galleron |Justine Bielik

In this update we explore key features of the BEPS Pillar Two, its calculation model and implementation advancements in Mourant jurisdictions. Model RulesPillar Two is part of the OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting (BEPS) and represents a major international tax reform aimed at ensuring that multinational enterprises (MNEs) pay a minimum level of tax, regardless of where they are headquartered or operate.