Corporate Tax

Company tax chat: Christian Kaeser, World Head of Tax at Siemens

Bloomberg Tax spoke to Christian Kaeser, Global Head of Taxes and Corporate Vice President at Siemens, about what is currently the largest international tax development: the OECD-led efforts to revise digital taxes globally.

Many companies fear that the Organization for Economic Co-operation and Development plans – reallocating the profits of multinational corporations to countries where they have users or consumers (Pillar 1) and a global minimum tax (Pillar 2) – too complex and difficult to manage will be.

The work of the OECD builds on efforts over the past decade to combat tax base erosion and profit shifting in the so-called BEPS project. Then as now, convincing …

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