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12/19/2023

Treasury Publishes Public Input on Draft OECD/G20 Inclusive Framework Pillar One Multilateral Convention Text | U.S.…

Treasury Publishes Public Input on Draft OECD/G20 Inclusive
Framework Pillar One Multilateral Convention Text
December 19, 2023

WASHINGTON – Today, the U.S. Department of the Treasury published the comments received
pursuant to Treasuryʼs request for public input on the dra OECD/G20 Inclusive Framework
Multilateral Convention to Implement Amount A of Pillar One (Pillar One MLC) and
accompanying documents.
The request for public input was announced on October 11, 2023, following the Inclusive
Frameworkʼs Task Force on the Digital Economyʼs release of the current dra text of the Pillar
One MLC, the Explanatory Statement to the Pillar One MLC, and the Understanding on the
Application of Amount A Certainty. The input request, which was open to all members of the
public, closed on December 11, 2023.
The three documents released on October 11 represent a years-long e ort to find broad
consensus among over 140 Inclusive Framework countries on a reallocation of taxing rights
that better reflects the modern global economy. The release of the documents was the first
time that a complete dra text of the Pillar One MLC documents had been made available to
the public. Treasury is now reviewing the comments as negotiations to finalize the Pillar One
MLC documents continue among OECD/G20 Inclusive Framework members.
All comments are available for public review.
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https://home.treasury.gov/news/press-releases/jy2005

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