The Swiss State Secretariat for International Finance (SIF) recently published a letter dated 30 August 2021 from OECD Secretary-General Mathias Cormann in response to concerns/reservations expressed by Swiss Finance Minister Ueli Maurer regarding the two-pillar solution to address the tax challenges arising from the digitalisation of the economy. The main content of the letter is as follows:
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A key objective of the current work on Pillars One and Two is to restore the international con…