European Parliament and Committee on Economic and Monetary Affairs 18 December 2019, European Parliament resolution of 18 December 2019 on fair taxation in a digitalised and globalised economy: BEPS 2.0 (2019/2901(RSP))

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This European Parliament resolution advocates for a comprehensive reform of the international corporate tax system to address challenges arising from the digitalisation and globalisation of the economy, specifically supporting the OECD/G20 Inclusive Framework's two-pillar approach (BEPS 2.0). The resolution emphasizes the need for a new nexus rule based on market presence rather than physical location (Pillar One) and the establishment of a global minimum effective tax rate to curb aggressive tax planning (Pillar Two). It urges the Commission and Member States to reach a consensus-based international agreement by 2020, while maintaining the possibility of an autonomous EU solution to safeguard the single market.AI