Taxing choice

8 Sep 2020 By Lisa Jucca Follow @LJucca

Under outgoing chief Angel Gurria, the multilateral group has led efforts to stop aggressive tax avoidance, namely by Big Tech. Donald Trump’s decision to promote a top aid as the next secretary-general signals a potential fight that could doom tax equalisation efforts for good.

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Angel Gurria, secretary-general to the Organisation for Economic Co-operation and Development, said on July 10 he would not be seeking a fourth mandate to lead the multilateral organisation. Mexican-born Gurria has led the OECD since 2006.

U.S. President Donald Trump plans to nominate Christopher Liddell, a deputy White House chief of staff who had previously been chief financial officer for General Motors, Microsoft and International Paper, Reuters reported on July 24, seeking to make him the first U.S. secretary-general of the global policy group.

OECD member states have until the end of October to nominate candidates. The new secretary-general’s five-year term begins on June 1, 2021.

Official and prospective candidates to lead the 37-member organisation include former European Trade Commissioner Cecilia Malmstrom of Sweden, former Canadian Finance Minister Bill Morneau and Estonian President Kersti Kaljulaid.

The United States pulled out in June from digital talks, and suggested the OECD pause its tax agenda.

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Regions

Big Tech faces a post-virus global tax onslaught

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OECD member states have until the end of October to nominate candidates. The new secretary-general’s five-year term begins on June 1, 2021.

The United States pulled out in June from digital talks, and suggested the OECD pause its tax agenda.

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