The OECD Secretary-General presented its latest tax report to the G20 Finance Ministers and Central Bank Governors. The report notes that the next three months will be decisive for the ongoing negotiations to address the tax challenges arising from the digitalisation of the economy and that the conditions to reach a consensus-based solution have “never been better with the removal of the so-called “safe harbour” proposal by the US.”

The report also details other areas of focus for the OECD such as tax policy and climate change and further progress on tackling international tax evasion and avoidance.

It also includes an update on countries’ responses to the COVID-19 crisis, examining how tax policies have evolved over the last year and identifying the key tax policy trends across countries.