The United States latest proposal on reform of international tax rules could set...
FILE PHOTO: The Organisation for Economic Co-operation and Development Secretary General Angel Gurria arrives in Biarritz, France August 25, 2019. Ludovic Marin/Pool via REUTERS
U.S. Treasury Secretary Steven Mnuchin sent a letter to OECD head Angel Gurria on Tuesday voicing “serious concerns” about the organization’s reform proposals and suggested they could be addressed by creating a safe-harbor regime. “We raise this concern, as it may impact the ability of the 135 countries that are now participating in this process, to move forward within the tight deadlines we established collectively,” Gurria said.
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