The European Commission announced on 19 October 2021, the adoption of its 2022 Commission work programme. With respect to taxation, one of the key aspects of the work programme concerns the agreement reached on 8 October 2021 on the OECD's two-pillar solution for global tax reform, establishing a re-allocation of taxing rights (Pillar 1) and a global minimum level of effective taxation (Pillar 2). The work programme notes that the Commission has strongly supported this international effort …