The IBFed has responded to the OECD with comments on the design of Pillar II Blueprint. Global banks seek clear and simple rules that are easy to implement and produce a fair outcome for all multinationals. As the proposals in the Pillar II Blueprint are complex, we welcome the proposals to simplify the approach and offer comments as well as suggestions for achieving simplification.

IBFed OECD PII submission_14 Dec 2020